National Treasury Cabinet Secretary, Hon. John Mbadi is set to deliver his first official Budget Day speech on Thursday, June 12, 2025, before the National Assembly.

The proposed national budget for the 2025/2026 Financial Year stands at Ksh. 4.239 trillion and is anchored on President William Ruto’s Bottom-Up Economic Transformation Agenda (BETA) and the broader goals of Vision 2030.

The Standing Committee on Finance and Budget has hailed Kisii County Governor Simba Arati for paying all verified pending bills. 

This development comes after the Committee learnt that the County Executive of Kisii formed a Pending Bills Committee in November 2022 to review outstanding obligations for the 2021/2022 Financial Year. 

This committee verified the claims and found Kshs231,443,172 eligible bills, which have since been fully settled, and declared Kshs1,071,435,683 ineligible due to non-compliance and lack of supporting documentation. 

As the consideration of the Finance Bill 2025 approaches homestretch, the Departmental Committee on Finance and National Planning has begun engaging various government agencies over a number of issues, primary among them those that emerged during the stakeholder engagements and public participation exercises on the Bill. 

 This critical step follows the conclusion of public participation on both the Finance Bill 2025 and the Virtual Asset Service Providers Bill.