Treasury to amend budget for a third time on revenue shortfall

Treasury Cabinet Secretary John Mbadi responds to a question from members of the Bunge la Mwananchi and residents during a dialogue session at Swahilipot Hub on March 7, 2025.

Photo credit: Wachira Mwangi | Nation Media Group

The Treasury is set to present the third supplementary estimates for the 2024/25 budget, marking the first time the State's spending plan has been revised three times in a fiscal year since the Covid-19 pandemic.

The upcoming revision to the budget, disclosed by Treasury, has been brought by missed revenue targets.

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