Institute of Public Finance

🔵 MPA Phase II – Call for Mentors Deadline Extended to 10th May 2026 🌍 Join a global cohort 🤝 Mentor reformers on the frontlines of governance 📚 Access structured learning and exchange ⏳ New Deadline: 10th May 2026 🔗 Apply now: docs.google.com/forms/d/1PAMn3…

🗞️ 🔵 Newspaper Round-Up 🔝 Last Week’s Top Stories: 📌 Kenya’s debt burden to consume nearly half of its 2026‑27 budget 📌 Roads dominate development budget in Treasury estimates mailchi.mp/ipfglobal/news…

💬 The Budget Policy Statement (BPS) projects a 5.3% GDP growth, supported by agriculture, services & manufacturing. However, rising fuel prices linked to the Iran–USA war, coupled with fiscal pressures associated with the electoral cycle, continue to pose downside risks.

🚨 Only 3 days to go! 🚨 🤔 Still figuring out your MPA Phase II application? We’ve got you. 📣 Join our final Office Hour Session and get the clarity you need to put your best foot forward. 🗓️ 8th May 2026 ⏰ 1600–1700hrs (EAT) Link⤵️ us06web.zoom.us/j/84862752694

IPF CEO, Daniel Ndirangu, emphasizes the urgent need to advocate for more adaptable financing to support Kenya’s climate efforts. 💬 He highlights key challenges hindering progress, such as episodic funding, fragmented financing structures & a heavy dependence on donor support.

🗞️ 🔵 Newspaper Round-Up 🔝 Last Week’s Top Stories: 📌 Funding deficit puts free education under pressure. 📌 Rising hard‑to‑tax sectors hurting Kenya’s revenue growth – experts. mailchi.mp/ipfglobal/news…

Thank you for joining #MwangoSpaces yesterday on budget priorities in Kenya. You can listen to the replay here: x.com/i/spaces/1MKgN… Key takeaways included: — Budget credibility remains a core issue with over-optimistic revenue projections continuing to distort spending. — Debt service costs (~KES 1.2T annually) is the primary fiscal constraint, crowding out development. — Health financing gaps persist, with SHA payouts far exceeding contributions. — Better targeting, consolidation (e.g., bursaries), and transparency are critical to improving outcomes. @Ramah_Nyang @ipf_global @martin @pnguhiu @martinkabaya1 @KimaniStephanie

🚨 Only 10 days to go! 🚨 🤔 Still figuring out your MPA Phase II application? We’ve got you. 📣 Join our Office Hour Session and get the clarity you need to put your best foot forward. 🗓 4th May 2026 ⏰ 1700–1800hrs (EAT)

📍 You missed the Annual National Shadow Budget launch? The livestream is available on our Institute of Public Finance YouTube platform. #ANSB2026 Here is a short highlight video on discussions ↘️ youtu.be/sU4FzB6fU8w?si… 🙏

Join us now as we break down the Annual National Shadow Budget on #MwangoSpaces x.com/i/spaces/1MKgN…

Tonight on #MwangoSpaces @Ramah_Nyang @ipf_global @martin @pnguhiu @martinkabaya1 @KimaniStephanie x.com/i/spaces/1MKgN…

🗞️ On the @StandardKenya today 💬 Kenya’s policy ambitions are not consistently matched by credible financing plans, and this disconnect is undermining delivery across key sectors such as health, social protection, Women’s Economic Empowerment & climate adaptation #ANSB2026

According to the 2026 Annual National Shadow Budget (ANSB) by @ipf_global, the government’s net borrowing in 2024-25 financial year stood at Sh1.03 trillion, while development spending was only Sh582.9 billion. via @TheStarKenya

⬆️ Next! 📌 Save the date! 🗓️ Wednesday, 29th April ⏰ 8 pm 📍 @MwangoCapital #MwangoSpaces 📣 We continue to unpack the Annual National Shadow Budget #ANSB2026 ➡️ Health Financing ➡️ Social Protection ➡️ Macroeconomic context Read ↘️ ipfglobal.or.ke/wp-content/upl…

IPF has released the FY2026/27 Annual National Shadow Budget for Kenya, highlighting macro constraints, fragmented spending, and weak alignment between policy commitments and actual budget outcomes. Part of our discussion on #MwangoSpaces tomorrow will focus on this report. Link: ipfglobal.or.ke/wp-content/upl…

We are looking forward to Wednesday #MwangoSpaces as we unpack how the Kenyan budget should be and what priorities should get funded- a focus on health financing and social protection. #ANSB2026

📣 PRESS RELEASE 📌 Annual National Shadow Budget #ANSB2026 💬 This shadow budget comes at a critical moment for Kenya, one defined by tightening fiscal space, rising debt obligations, increasing social demands... Read ⤵️⤵️⤵️ ipfglobal.or.ke/press-release-…

💬 We further urge for increased domestic health financing with a clear post‑donor transition plan, stronger & coordinated social protection systems, institutionalized gender‑responsive budgeting, & mainstreaming of climate adaptation financing across sector budgets. #ANSB2026

💬 IPF calls on the GoK to use the FY 2026/27 budget to restore fiscal discipline and refocus spending on high‑impact priorities by adopting realistic revenue projections, enforcing hard spending ceilings and limiting use of supplementary budgets. #ANSB2026

💬 The highest allocation to School Feeding Prog. was Ksh. 6.0B in FY 2023/24, which was an increase of 48% from the previous year’s budget. The allocation has since declined to 3B FY 2025/26 and is projected to increase to 4B in the medium term. #ANSB2026