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Matiang’i Sounds Alarm on Finance Bill 2026

John MutanyiWednesday, 20 May 2026 at 17:17376 views
Matiang’i Sounds Alarm on Finance Bill 2026

Jubilee Party leaders have issued a strong call for Kenyans to stand firm against the proposed Finance Bill 2026, describing it as a measure packed with harsh provisions that could intensify everyday financial struggles.

At a press briefing, deputy party leader Fred Matiang’i painted a worrying picture of the nation heading toward serious economic trouble if the bill sails through. He stressed that instead of offering fresh solutions, authorities appear more focused on justifications, leaving ordinary citizens to bear the brunt of rising expenses and limited opportunities.

Matiang’i warned that the country is steadily moving down a dangerous path, urging leaders to tackle real problems head-on rather than diverting attention through political tactics. He cautioned against framing economic hardships along community lines or using national security matters for political gain, emphasizing that the pain of high living costs touches every Kenyan regardless of background. Recent street demonstrations, he noted alongside colleagues, reflect genuine public frustration rather than orchestrated efforts by any single group.

Party officials highlighted how the bill risks deepening the cost-of-living crisis, hitting households and small businesses hardest at a time when many are already stretched thin. They rejected attempts to shift responsibility to previous administrations, insisting current leaders must prioritize practical fixes over blame games. Jeremiah Kioni reinforced that the public protests served as a clear message that patience has run out, with citizens demanding accountability and relief.

Looking ahead, Jubilee plans to engage directly with the public to build broader resistance to the bill while pushing for openness on key government deals, including a reported road levy arrangement. The party’s message is clear: Kenyans deserve policies that ease burdens and foster stability, not ones that compound existing challenges and steer the economy toward greater uncertainty. This stance signals growing political debate as the bill advances through legislative stages.

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