Treasury CS John Mbadi during the budget reading for 2025/2026 Financial Year at the Parliament Buildings, Nairobi, on June 12, 2025/ ENOS TECHEThe government has reaffirmed its commitment to land reforms aimed at addressing historical inequalities, promoting equitable access, and ensuring sustainable land management.
Reading the 2025/26 Budget at the National Assembly on Thursday, National Treasury Cabinet Secretary John Mbadi proposed a sum of Sh3.8 billion for the settlement of the landless.
“I have also proposed Sh1.1 billion for processing and registration of title deeds and another Sh712 million for digitisation of land registries,” he added.
In addition, Mbadi also made other allocations, including Sh200 million for the georeferencing of land parcels and Sh220 million for the construction of land registries to safeguard legitimacy.
Mbadi also allocated Sh0.9 billion for the digitisation and construction of land registries.
Earlier on, Mbadi noted that Kenya’s inflation rate has fallen to a two-year low of 3.8 per cent in May 2025, down from a peak of 9.6 per cent in October 2022.
He attributed the decline to a series of targeted government policy interventions.
Mbadi credited the improved economic indicators to prudent fiscal and monetary management, which he said had strengthened Kenya’s macroeconomic fundamentals.
“In response to the decline in inflation, the Central Bank of Kenya has gradually eased monetary policy, lowering the bank rate from 13 per cent in August 2024 to 9.75 per cent in June 2025,” said Mbadi.
Lower inflation and monetary easing have driven down interest rates across the board
Mbadi noted that the 91-day Treasury bill rate has dropped significantly from an average of 15.9 per cent in 2024 to 8.3 per cent in May 2025.
The budget seeks to balance economic recovery, development spending, and fiscal consolidation in line with the Kenya Kwanza administration’s economic blueprint.
This year’s budget is the second under President Ruto’s government and marks Mbadi’s debut as Treasury boss after succeeding Njuguna Ndung’u earlier this year.
