The Budget Policy Statement (BPS) 2026

Forget the complicated name. The BPS is simply the government answering three questions out loud: •Where are we now? (How's the economy doing?) •Where do we want to go? (What are our big goals?) •How much cash will we need for the trip? (And how will we get it?) It's tabled in Parliament every year by February 15th—think of it as the government submitting its term paper before the final exam (which is the actual budget in April). 🇰🇪 Kenya Context: BPS is the parent of the County Fiscal Strategy Paper (CFSP). Whatever the BPS prioritizes at the national level? That's what your county government has to align with when planning your local markets, health centers, and roads. Think of the BPS as the roadmap before a long journey. The detailed budget in April is the actual trip. This document? It's the plan. And just like your maps app, it updates every year based on new traffic or in this case, new economic data. In summary BPS undertakes: •The check-up of our economy •Unveils government priorities •Reveals revenue & borrowing plan •Sets budget ceilings for ministries, parliament, the judiciary and other govt departments