Mini-budget tests IMF austerity demands as State spending soars

Treasury CS John Mbadi before the Joint Committee of Energy of the Senate and National Assembly at Hilton Garden Inn in Nairobi on February 16, 2026. [Elvis Ogina, Standard]

The Treasury has unveiled a Sh287.4 billion supplementary budget that appears to contradict International Monetary Fund demands for fiscal consolidation and wage restraint, setting the stage for tense negotiations.