2026-05-26, Public remarks reported by Citizen Digital (venue not stated in source)
Reported
“Only by the time you activate the phone is when you pay 25% excise duty.”[1]
Context. Responding to the United Opposition's call to reject the Finance Bill 2026; explaining when a proposed 25% excise duty on phones would apply. Follow the source link for the full statement.
2025-06-12, Remarks ahead of the FY2025/26 budget statement reading, Nairobi (exact location of remarks not stated in source)
Reported
“One thing that I'm proud of about this budget is that it is not overambitious”[2, 3]
Context. Speaking ahead of the reading of the FY2025/26 budget statement in Parliament on 12 June 2025. Follow the source link for the full statement.
2025-02-13, Remarks to the press outside the National Treasury buildings, Nairobi
Reported
“What is not a must is having a finance bill with increased rates of taxation.”[4]
Context. Announcing preparation of the Finance Bill 2025 after the 2024 bill was rejected; said a bill was required but higher tax rates were not. Follow the source link for the full statement.
2024-09-09, Kenyatta International Convention Centre (KICC), Nairobi - keynote address at launch of the FY2025/26 budget Sector Working Groups
Verified primary
“withdrawal of the 2024 Finance Bill, the Government has had to forego additional revenue measures”[5]
Context. Opening of the 2025/26 budget preparation cycle, weeks after the Finance Bill 2024 was withdrawn following protests; explained the revenue gap and fiscal consolidation. Follow the source link for the full statement.
Sources
- Mbadi accuses Opposition of misleading Kenyans using 'non-existent' Finance Bill clausesCitizen Digital, 2026-05-26, secondary source
- Mbadi sells budget as bold response to tough economyPeople Daily, 2025-06-12, secondary source
- Budget Statement FY2025/26State Department for Economic Planning, Kenya, 2025-06-12, primary source
- Treasury CS Mbadi unveils plans for new Finance BillPeople Daily, 2025-02-13, secondary source
- Keynote Address by the Cabinet Secretary at the Launch of the FY2025/26 Sector Working Groups (9 September 2024)The National Treasury and Economic Planning, Kenya, 2024-09-09, primary source
Change history
- 2026-10-26 Record published.
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