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National Treasury CS John Mbadi during the official listing of the Spearhead Africa Infrastructure Fund (SAIF) at the Nairobi Securities Exchange on May 20, 2026. [Jonah Onyango, Standard].
National Treasury Cabinet Secretary John Mbadi has defended the Finance Bill 2026, saying the government has deliberately avoided introducing punitive taxes and instead focused on simplifying tax administration, widening the tax base, and protecting struggling Kenyans.
Speaking during a press briefing, Mbadi dismissed claims that the bill seeks to overburden citizens, insisting the Treasury understands the economic difficulties facing many households.
“The National Treasury has noted that some commentary has mixed proposals contained in the current Finance Bill with passed proposals and interpretations that do not accurately reflect the content and intent of the Finance Bill 2026,” Mbadi said.
