The National Treasury and Economic Planning

Dr. Chris Kiptoo, today appeared before the National Assembly Departmental Committee on Finance and National Planning during its retreat in Kiambu County to provide clarification on key proposals contained in the Finance Bill, 2026 and outline the policy rationale underpinning the proposed measures.

Dr. Kiptoo was accompanied by the Director-General for Budget, Fiscal and Economic Affairs (BFEA), Mr. Albert Mwenda, and Tax Policy Advisor, Ms. Risper Simiyu.

The Finance Bill, 2026 seeks to enhance the efficiency, fairness and administration of Kenya's tax system while supporting the implementation of the Government's FY 2026/27 Budget priorities.

Addressing the Committee, Dr. Kiptoo explained that the proposed measures are designed to simplify tax compliance, broaden the tax base, curb revenue leakages, rationalise tax expenditures, modernise tax administration and strengthen domestic revenue mobilisation in a manner that supports businesses, creates jobs and accelerates economic growth.

Among the key proposals is the exemption of dialysers used in kidney dialysis treatment from Value Added Tax (VAT), a measure aimed at lowering the cost of healthcare and improving access to life-saving treatment for thousands of Kenyans living with kidney disease.

The Principal Secretary noted that the Bill seeks to create a more equitable and sustainable tax system by encouraging wider participation in the tax framework while improving compliance. The proposed reforms are expected to generate sustainable revenues required to finance the Government's development agenda and delivery of public services.

Dr. Kiptoo commended the Departmental Committee on Finance and National Planning, chaired by Hon. Francis Kuria Kimani, MP (Molo Constituency), for its dedication and commitment throughout the consideration of the Finance Bill, particularly in conducting extensive public participation across the country.

He emphasized that the views, recommendations and concerns raised by Kenyans during the public participation process remain critical in shaping a fair, responsive and inclusive tax policy framework that reflects the aspirations of citizens while safeguarding the country's fiscal sustainability.

The National Treasury remains committed to working closely with Parliament, stakeholders and the public to ensure the enactment of tax policies that promote economic growth, protect livelihoods and support Kenya's long-term development objectives.

Months of consultation. Weeks of preparation. One national commitment.

Today, the FY 2026/27 Budget was presented to Parliament, setting the course for Kenya's economic transformation, fiscal sustainability, and shared prosperity.

We thank all Kenyans, stakeholders, and institutions who contributed to this process and followed today's proceedings.

Together, we are building a stronger economy and a brighter future for every Kenyan.

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reaffirms the Government’s commitment to sustaining economic transformation, creating opportunities for all, strengthening resilience and building a more prosperous and self-reliant Kenya. Learn more: treasury.go.ke/treasury-speec…

: The Government continues to prioritize the Digital Superhighway and Creative Economy to enhance productivity and competitiveness.

With an allocation of Ksh 8.6 billion in the FY 2026/27 Budget, these investments will expand ICT infrastructure, drive digital inclusion, and create sustainable jobs to empower Kenyan youth.

: Investing in Education is investing in the future of the nation.

The FY 2026/27 Budget prioritizes human capital development through substantial resource allocations to the Teachers Service Commission, basic education, and higher education to strengthen learning infrastructure and drive competency-based reforms.



Click here to learn more here: treasury.go.ke/treasury-speec…

: The Government is committed to expanding access to decent housing for low- and middle-income households, reducing the national deficit while stimulating broad-based growth.

Through the nation-wide Affordable Housing Program, the FY 2026/27 Budget scales up investments to create structural jobs and economic opportunities for youth, businesses, and artisans.

To learn more about ’s allocations to housing click here: treasury.go.ke/treasury-speec…

advances public policy focused on strategic growth, enhanced domestic revenue mobilization, fiscal discipline, and safeguarding livelihoods.

is a budget for wananchi.

Visit treasury.go.ke to learn more about

The implementation of the Bottom-Up Economic Transformation Agenda (BETA) has been allocated Ksh 386.1 billion in the FY 2026/27 Budget.

This investment will be deployed through a value chain approach across five strategic priority clusters to drive resilient and inclusive growth, ensuring key sectors in the transformation agenda are funded to promote growth.

has been officially been read!

Anchored on sustaining the Bottom-Up Economic Transformation Agenda (BETA), this framework sets out to accelerate economic recovery, expand job opportunities, and build structural resilience for all Kenyans amid a challenging global environment.