Headwinds ahead: What could derail Kenya's Sh4.2 trillion budget

Treasury CS John Mbadi reads the budget at Parliament Buildings, Nairobi. June 12th,2025 [Elvis Ogina, Standard]

A downgraded economic growth of 4.5 per cent by the World Bank is among key economic challenges that National Treasury and Economic Planning Cabinet Secretary John Mbadi will face while executing his maiden budget.

Additionally, the infamous trade tariffs instituted by US President Donald Trump, anxiety around renewal of the African Growth Opportunity Act (Agoa) that expires in September this year, inflation, and interest rates are the other headwinds expected during the 2025/2026 financial year.