Treasury to launch FY 2027/28 budget preparation process on July 22
By David Nthua, July 15, 2026The National Treasury will officially launch the Financial Year 2027/28 and Medium-Term Budget preparation process on Wednesday, July 22, 2026.
In a statement published in the MyGov Tuesday, July 14, 2026, edition, the event will be held at the Kenyatta International Convention Centre in Nairobi from 8.30 am.
“The National Treasury is pleased to announce the official launch of the FY 2027/28 and Medium-Term Budget preparation process,” the statement reads.
The launch will mark the beginning of preparations for the national government’s spending, revenue and economic priorities for the 2027/28 financial year and the medium term.
Treasury outlines FY 2027/28 budget programme
The programme will begin with remarks from the Principal Secretary for the National Treasury and the chairperson of the National Assembly’s Budget and Appropriations Committee.
The Cabinet Secretary for the National Treasury, John Mbadi, will then deliver the keynote address and formally launch the budget preparation process.
Treasury officials will present highlights of the Fourth Medium-Term Plan, commonly known as MTP IV, alongside Kenya’s medium-term macroeconomic outlook.
The programme will also explain the key stages and priorities expected to guide the preparation of the FY 2027/28 Budget and the wider medium-term expenditure framework.
Treasury had earlier issued guidelines for the preparation of the 2027/28–2029/30 Medium-Term Budget, providing the framework that national government entities will follow during the exercise.
Public invited to FY 2027/28 budget launch
The National Treasury said the launch will be accessible to members of the public as part of efforts to promote transparency and inclusion in financial decision-making.
“The event is open to the public to promote transparency and inclusiveness in budget formulation,” the notice states.
Members of the public will also be able to follow live coverage and updates through the National Treasury’s official social media platforms.
The exercise is being conducted under Article 201 of the Constitution and Section 35(2) of the Public Finance Management Act.
Article 201 requires openness, accountability and public participation in financial matters. Section 35(2) of the Act requires the Treasury Cabinet Secretary to ensure public participation throughout the national budget process.