Pursuant to Article 179(1) of the 1992 Constitution, Section 20(1) of the Constitution Public Financial Management Act, 2016 (Act 921) and Regulation 20 (3) of the Public Financial Management Regulations, 2019 (L. I. 2378) the 2026-2029 Budget Preparation Guidelines is circulated to Honorable Ministers, MMDCEs, Head of Institutions, Chief Directors, Coordinating Directors and members of the Budget Committees, for adherence .
As stated in the 2025 Budget Statement and Economic Policy of Government, a number of reforms are being implemented to improve quality and efficiency in public spending as well as rationalising expenditure to spur growth. This form part of the broad agenda to contain public expenditure and bring public finances back on a sustainable path.