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Originally published by Nation News
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June 19, 2026
7h ago

Stormy session as MPs vote on Finance Bill

Stormy session as MPs vote on Finance Bill

MPs weighed contentious tax proposals that exposed underlying political alignments and public concerns over the cost of living...

✨ Key Highlights

Kenya's National Assembly held a contentious debate on the Finance Bill, 2026, ultimately passing it with amendments aimed at raising an estimated Sh98.5 billion. The Bill faced opposition from various stakeholders concerned about the rising cost of living.

  • The Bill is expected to contribute to financing the Sh4.82 trillion budget for the 2026/27 financial year.
  • Key players included Members of Parliament (MPs), the National Treasury, and the Kenya Revenue Authority (KRA).
  • MPs approved higher taxes on imported sugar to protect local farmers, despite concerns about increased consumer prices due to a production shortfall.

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