Kenya’s 2026/27 National Budget

PwC Kenya Post‑Budget Bulletin 2026

Following the reading of Kenya’s FY2026/27 National Budget on Thursday evening, we are pleased to share PwC Kenya’s Post‑Budget Bulletin 2026, spotlighting the key measures and their practical implications.

Titled “FY2026/27 Budget in Brief: Navigating fiscal reality and growth ambition,” this publication provides a concise assessment of the National Budget and what it means for the economy, businesses and taxpayers.

Drawing on the Budget Speech, Finance Bill proposals, and supporting fiscal data, the bulletin unpacks key themes including the fragility of the assumptions in the budget, the tax measures proposed in the budget and the administration and enforcement of tax regulations, the expenditure priorities and the growing debt burden and its implications for the Kenyan economy.

Building on insights from our Pre‑Budget Bulletin, this edition moves the conversation from expectation to reality - examining what has changed, where the money is coming from and going, and how credible the underlying assumptions are.

At its core, the analysis explores a critical question: does this Budget mark a shift from strategy to delivery - or a continuation of the gap between the two?

We hope these insights support informed decision‑making and deeper engagement with Kenya’s evolving fiscal landscape. As always, we welcome your feedback and perspectives.