Kenya: Mbadi Urges Fiscal Prudence in Inaugural Budget Statement

Kenya: Mbadi Urges Fiscal Prudence in Inaugural Budget Statement

Nairobi -- Treasury Cabinet Secretary John Mbadi has issued a stark warning over Kenya's rising public debt, urging for tighter financial discipline, strategic planning, and more efficient revenue mobilization to prevent a looming fiscal crisis.

Kenya Faces Fiscal Balancing Act in Crucial Budget Announcement

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/kenya-faces-fiscal-balancing-act-in-crucial-budget-announcement/Kenyan Finance Minister John Mbadi will present a high-stakes budget on Thursday, walking a tightrope between revenue generation and public discontent after last year’s violent anti-tax protests. The government seeks to service Kenya’s substantial debt—which stands at 66% of GDP—without i…

Prudence: Intelligence in Action – Exaudi

Before you speak, decide, or act... think! Prudence is your wisest ally

Mbadi sells budget as bold response to tough economy

Treasury Cabinet Secretary John Mbadi has defended the 2025/2026 national budget ahead of its official reading, describing it as both ambitious and responsive, despite the difficult fiscal conditions facing the country. Speaking on Thursday, June 12, 2025, ahead of official reading of the budget, Mbadi acknowledged the challenge of balancing competing interests amid limited fiscal […]