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Originally published by The Standard Business
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June 23, 2026
6h ago

Ruto signs Finance Bill, unlocks Sh4.8tr budget for 202627

Ruto signs Finance Bill, unlocks Sh4.8tr budget for 202627

The Finance Bill comes at a time the government is under pressure to finance an expanding development agenda, rising debt obligations, and recurrent expenditure...

✨ Key Highlights

President William Ruto has officially signed the Finance Bill, 2026 into law, enabling the implementation of the record-breaking Sh4.8 trillion budget for the 2026/27 financial year.

  • The Finance Bill, 2026 unlocks a Sh4.8 trillion budget, the largest in Kenya's history.
  • Key individuals and bodies involved include President William Ruto and the National Assembly.
  • President Ruto clarified that the legislation targets tax evasion and illicit financial flows, dismissing misinformation about new taxes on basic goods and services like mitumba and mobile money.

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