The Mwango Capital Podcast

Financing What Matters in Kenya's Budget


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In this episode recorded on April 29, 2026, we are joined by economist Stephanie Kimani and the Institute for Public Finance (IPF) team of Dr. Peter Nguhiu, Veronica Ndegwa, and Martin Kabaya, to unpack the credibility of Kenya's budget, the structural constraints of debt service, and the sustainability of health and social protection financing.

Show Notes

00:00:00 Introduction

00:03:16 Budget Credibility Problem

00:05:53 Debt Service Wiggle Room

00:08:04 Healthcare Funding Gap

00:15:05 Tax Proposals to Fund Healthcare

00:27:08 Fiscal Sustainability of SHIF

00:33:02 School Feeding Gaps

00:42:51 Budget Priority Recommendations

00:45:56 Limited Trust in the Domestic Debt Market

00:50:10 Policy Change Recommendations



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The Mwango Capital PodcastBy Mwango Capital

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