As our 2027 politics gets louder and more aggressive, it is easy to forget we are entering the home stretch of a 2025/26 budget process launched in August last year.  The Ruto administration has had two bites - in 2023/24 and 2024/25 - and one nibble - in the 2022/23 supplementaries - at the budget making cake.

After June, they have two more - in 2026/27 and at the tail end of their term, in 2027/28.

So 2025/26 is their mid-point budget; the "take off" budget that ideally moves us from economic recovery to economic turnaround; from turbulence to transformation.  Wasn't that "The Plan"?

Well, you will struggle to find that tone in the draft 2025 Budget Policy Statement (BPS) published last week.