Parliament gets Sh48bn in Mbadi’s first budget, up from Sh44.6b

The legislative arm of government has been allocated Sh48 billion in National Treasury Cabinet Secretary John Mbadi’s first budget.

In his maiden budget presented on Thursday afternoon, Mbadi’s allocation to Parliament surpasses the Sh44.6 billion allocated in the 2024/25 budget under former Treasury CS Njuguna Ndung’u.

The increased funding is expected to strengthen the legislative functions of Parliament and enhance its oversight role in national affairs.

The allocation covers both the National Assembly and the Senate, and continues a trend of gradual increases in parliamentary funding.

In the 2023/24 financial year, Ndung’u allocated Sh40.4 billion to Parliament.

This is President William Ruto’s third budget, which he aims to use to solidify the bottom-up economic model amid a high cost of living and growing pressure to service public debt.

Mbadi unveiled a Sh4.2 trillion budget for the 2025/26 financial year, with the government targeting Sh3.3 trillion in revenue and planning to cover a Sh900 billion deficit through borrowing and grants.

Of the projected revenue, Sh2.7 trillion is expected from tax collections and Sh560 billion from other government levies.

To finance the shortfall, the Treasury projects to receive Sh46.9 billion in grants, Sh592 billion in domestic borrowing, and Sh284 billion from external sources.

Recurrent expenditure is set at Sh3.1 trillion, while Sh725.1 billion has been allocated for development, and Sh436.7 billion earmarked for county governments.

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• Parliament gets Sh48bn in Mbadi’s first budget
• up from Sh44.6b