The Cabinet has sanctioned a Ksh4.2 trillion budget for the 2025/26 financial year, slashing some Ksh153 billion.

According to a Cabinet dispatch released on Tuesday, February 11, the government has allocated Ksh3.09 trillion for recurrent expenditure, Ksh725.1 billion for development projects, Ksh436.7 billion in county transfers, and a Ksh5 billion provision for the Contingency Fund.

The National Treasury had earlier projected a total budget of Ksh4.485.7 billion for the 2025/26 financial year, marking a notable rise from the Ksh3.94 trillion allocated in the 2024/25 financial year.

The budget statement, now poised for parliamentary consideration, points to the government's commitment to sustaining economic growth and ensuring fiscal stability.  Treasury Cabinet John Mbadi during a past media engagement at Treasury Buildings in Nairobi.