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Mbadi pointed to ongoing interventions aimed at shielding households from fuel-related shocks, including stabilisation measures introduced in April 2026.
Speaking on Saturday during the Kenya Union of Post Primary Education Teachers (KUPPET) Homa Bay Branch Thanksgiving Ceremony, Mbadi said consultations with the Ministry of Education were already underway and the allocation was being integrated into the current budget process.
The committee, led by Nakuru Town East MP David Gikaria, argued that the changes had stripped the ministry of most of its development budget and raised fears over the future of workers and ongoing projects.
The Hustler Fund, introduced in late 2022, was designed as a major financial inclusion tool targeting boda boda riders, mama mbogas, kiosk owners and young entrepreneurs who often rely on expensive informal lenders.
Speaking on NTV Kenya on Monday, Mbadi said the government had already spent about Sh35 billion through fuel subsidies and tax reductions to cushion consumers from rising petroleum prices.
Under the proposed Regulation 163 of the Public Finance Management (National Government) Regulations, internal auditors acting in good faith would be protected from punishment linked to their audit work or disclosure of misconduct.
Treasury figures show that ministries, departments and agencies used Sh262.63 billion on development between July and March 2026, up from Sh170.83 billion in the same period the previous year, representing a 53.7 percent rise.
Controller of Budget Margaret Nyakang’o told MPs that Kenya’s debt servicing hit Sh923.14 billion in six months, taking 89% of a key budget vote and squeezing funds for development programmes.
If approved, the overall allocation for the presidency will more than double, rising from the Sh7.68 billion initially approved to Sh16.1 billion.
The original budget had set aside Sh16 billion for the project, highlighting a major increase to accommodate ongoing construction and preparatory activities.
Speaking during the release of the results of the Kenya Pipeline Company Limited (KPC) Initial Public Offer in Nairobi on Wednesday, Mbadi said the offer, which opened on January 19 and closed on February 24, 2026, received applications for 12.49 billion shares against the 1.8 billion shares on offer at Sh9 each.
Treasury Cabinet Secretary John Mbadi disclosed the measures on Wednesday, February 25, 2026, during a Senate session, noting that fines for violating the Banking Act have quadrupled from Sh500,000 to Sh2 million.