President Ruto set to sign Finance Bill 2026 into law on Tuesday after divisive parliamentary vote

President Ruto set to sign Finance Bill 2026 into law on Tuesday after divisive parliamentary vote
President Ruto set to sign Finance Bill 2026 into law on Tuesday after divisive parliamentary vote - President Ruto is set to sign the Finance Bill 2026 into law on Tuesday, formalising the Sh4.8 trillion budget, as debate continues over its impact and parliamentary approval. (Photo: PCS)
President Ruto is set to sign the Finance Bill 2026 into law on Tuesday, formalising the Sh4.8 trillion budget, as debate continues over its impact and parliamentary approval. (Photo: PCS)

President William Ruto has confirmed he will sign the Finance Bill 2026 on Tuesday after its passage in Parliament, even as Siaya Governor James Orengo urges him to withhold assent over concerns about the legislative process.

President William Ruto will sign the controversial Finance Bill 2026 into law on Tuesday, June 23, 2026, paving the way for the implementation of legislation that will finance the Sh4.8 trillion national budget for the 2026/27 financial year.
The announcement comes days after the National Assembly passed the Bill on June 18. During the Third Reading, 122 MPs voted in favour, 40 opposed it, while 187 abstained, concluding weeks of heated debate both inside and outside Parliament.
President Ruto confirmed the planned assent on Sunday during the 95th St John Ambulance Annual Parade and Inspection at State House, Nairobi, saying the government had finalised preparations to sign the Bill into law.

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“It is the reason why in the budget and the Finance Bill that I’m going to sign on Tuesday, we have enhanced the resources to make sure that we cover every aspect of the commitments we have made to the people of Kenya,” Ruto said.
The President had earlier praised Members of Parliament for passing the legislation, saying they had backed crucial economic reforms despite political pressure.
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Speaking in Nandi on June 19, Ruto thanked lawmakers for rejecting what he described as misinformation about the Bill.

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“Nashukuru Bunge jana walipitisha Finance Bill na kutoruhusu watu wa porojo, fitina na propaganda,” he said.
The Finance Bill has sparked intense national debate, with government allies defending it as essential for funding key development programmes and strengthening the country's fiscal position.
Opposition leaders, however, have criticised several provisions, arguing that some of the proposed measures could increase the cost of living for ordinary Kenyans.
Meanwhile, Siaya Governor James Orengo has urged President Ruto to reconsider assenting to the Finance Bill 2026, arguing that it was passed without meaningful participation from a majority of Members of Parliament.
According to Orengo, the Finance Bill is a key instrument for implementing government programmes and should therefore be enacted only after full parliamentary participation.

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