The Treasury has increased its borrowing target for the financial year starting in July by Sh104.1 billion to Sh1.170 trillion, signalling mounting spending pressures amid political calls to ease taxation ahead of the 2027 General Election.
Kenya’s borrowing gap, as outlined in the final Budget Policy Statement (BPS) 2026 tabled in the National Assembly on Thursday, has widened from Sh1.066 trillion, which the Treasury had projected in a separate Budget Review and Outlook Paper (BROP) published earlier in October 2025.
