KENYANS RAISE CONCERNS OVER FINANCE BILL 2026 AMID HIGH COST OF LIVING

By Sonia Mitchel

Kenyans have raised concerns during public participation forums on the Finance Bill 2026 as debates continue over the rising cost of living and proposed tax measures.

The discussions come nearly two years after the Gen Z-led protests that forced the withdrawal of the Finance Bill 2024, an event that significantly reshaped public engagement in governance and fiscal policy.

During public forums, wananchi, civil society groups, and economic experts questioned whether the proposed measures could increase pressure on households already struggling with high living costs.

Transparency advocates have urged the government to prioritize essential services such as education, healthcare, and social protection while maintaining fiscal discipline.

Speaking during a public forum on Monday, one participant said:

"Kenyans want economic reforms, but they also want policies that protect ordinary citizens from further financial strain."

The debate comes as the government seeks to accelerate economic growth under the Bottom-Up Economic Transformation Agenda (BETA) while balancing revenue generation and expenditure priorities.

The National Treasury says its key priorities include job creation, reducing the cost of living, and promoting inclusive economic growth. Members of Parliament have also called for increased investment in education and other critical sectors ahead of the 2026/2027 financial year.

Analysts say public participation remains crucial in shaping the bill and strengthening transparency in public finance management. Kenyans are closely monitoring the consultations, hoping for a balance between economic growth, government revenue needs, and household welfare.

The Finance Bill 2026 remains a major topic of national discussion as stakeholders continue to submit their views before Parliament considers the proposals.

Public hearings are ongoing across counties, with citizens presenting recommendations ahead of the parliamentary review process and the bill's eventual consideration for approval.