National Treasury Cabinet Secretary John Mbadi, on Thursday, June 11, 2026 presented the FY 2026/27 Budget Estimates in Parliament, outlining how the government plans to fund key sectors of the economy, including education, health, infrastructure, housing, agriculture, security, energy, and ICT. President William Ruto was absent from Parliament as Mbadi delivered the budget proposals, which
The National Treasury has moved to calm growing public concern over the controversial tax proposals in the Finance Bill, 2026. In a press release issued on May 25, 2026, the Treasury said public debate around the Bill had mixed current proposals with withdrawn measures from previous finance laws, especially the rejected Finance Bill, 2024. “The
National Treasury Cabinet Secretary (CS) John Mbadi has dismissed claims that the proposed Finance Bill 2026 will make bottled water more expensive, insisting instead that the government is removing taxes to lower prices and encourage investment in the sector. Speaking while defending the proposed tax measures and revenue projections, Mbadi termed reports suggesting bottled water