# Financing What Matters in Kenya's Budget

An episode of [The Mwango Capital Podcast](https://invisiblenetwork.ai/podcast/1583367792), 11 May 2026, 55 min.

Audio: https://api.substack.com/feed/podcast/197209457/05f0f848d11292d2b6f64511d1659ad9.mp3

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 Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe

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