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Originally published by The Standardtop
May 26, 2026
9h ago
Kenya cannot afford to be a welfare state, says Mbadi

Treasury CS John Mbadi defends the proposed Finance Bill 2026 before a hostile crowd at Nairobi’s Jeevanjee Gardens, saying Kenya lacked the resources to operate as a welfare state...
✨ Key Highlights
Treasury Cabinet Secretary John Mbadi stated that Kenya cannot afford to operate as a welfare state, emphasizing the need for economic stability over punitive taxes.
- Mbadi defended the proposed Finance Bill 2026, assuring that it introduces no new taxes or rate increases.
- The Treasury Cabinet Secretary referenced global fuel price increases, detailing government efforts to cushion consumers through subsidies.
- He noted that the Kenya Revenue Authority (KRA) should be empowered to scrutinize financial transactions to ensure higher tax contributions from wealthier individuals.
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