The Finance Bill 2026 passed its Second Reading in the National Assembly on Wednesday, June 17, 2026, amidst heated arguments between government and opposition lawmakers over tax proposals.

• The Bill, a key part of the Sh4.82 trillion 2026/27 budget, aims to raise funds through domestic and external borrowing to cover a projected fiscal deficit of Sh1.14 trillion.
• Opposition MPs, including Deputy Minority Leader Robert Mbui, accused the Kenya Kwanza administration of rushing the legislative process and suppressing debate, citing concerns over alleged hidden taxes and inadequate public participation.
• Key areas expected to face further debate include tax measures affecting the mitumba (second-hand clothes) sector, manufacturers, mobile phone users, and the electric vehicle industry, with National Assembly Majority Leader Kimani Ichung’wah defending the Bill against claims of punitive taxation.

The Kenyan Parliament is reportedly divided as the Finance Bill 2026 undergoes its second reading. This comes amid a nationwide matatu strike protesting increased fuel prices.

• The article highlights the ongoing matatu strike.
• Key entities involved include the Kenyan Parliament.
• The situation is exacerbated by rising fuel prices.

Kenya's National Treasury has defended the nation's economic resilience and debt strategy before the Senate, attributing its performance to ongoing public finance reforms.

• Kenya's economy expanded by 4.6 per cent in 2025, with total public debt reaching approximately Sh12.842 trillion (69.49% of GDP) as of February 26, 2026.
• Treasury Cabinet Secretary John Mbadi presented the defense, highlighting positive growth across key sectors despite global and domestic challenges.
• The Treasury also detailed progress in implementing Kenya Vision 2030, including advancements in education, health (transition to SHA), and affordable housing, alongside strengthened electronic procurement systems.

The Kenyan Parliament has advanced the Finance Bill to its second reading stage, initiating debates on proposed revenue measures.

• The Finance Bill is currently under discussion in the National Assembly.
• Kenya's MPs are debating the government's revenue proposals as part of the bill.
• This legislative development occurs amidst ongoing nationwide matatu strikes protesting increased fuel prices.