Audio By Vocalize
National Treasury CS John Mbadi (centre), National Assembly Budget and Appropriations Committee chair Samuel Atandi (right) and Finance and Planning Committee chair Kuria Kimani on June 11, 2026. [Boniface Okendo, Standard]
The government has defended its fiscal strategy, saying the national budget deficit remains a concern but is gradually declining compared to last year, even as Treasury introduces alternative financing measures to bridge the gap.
Speaking after this year’s budget estimates, Majority Leader Kimani Ichung’wah said the deficit, though significant, was being managed through innovative financing models and tighter fiscal planning.
“The high budget deficit is not without caution that even with this big budget deficit there are means to bridge that. It has been there but it is coming down compared to last year's. Our aim to bring it down is the other alternative means to finance the budget the national treasury and government has put in place,” Ichung’wah said.
