Government proposes budget to benefit Gen Z youth

Youth in the country benefited the most in the 2026/2027 fiscal year budget presented by Finance Minister John Mbadi.

The government has allocated billions of shillings for education in the budget.

The proposals aim to wipe the tears of Gen Z youth according to the source reports.

The budget also addresses issues of employment and other economic strategies.

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Kenyan MPs voting on the Finance Bill 2026 in the National Assembly chamber.
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National Assembly passes Finance Bill 2026

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The National Assembly has passed the Finance Bill 2026 after a third reading vote, sending it to President William Ruto for assent.

As the public comment period for the Finance Bill 2026 neared its end on Monday evening, Kenyan youth turned to social media to analyze proposed taxes.

Reported by AI

Minister Blade Nzimande has called for an African-led science and innovation agenda while tabling a budget exceeding R10 billion in Parliament. The funds aim to advance research and development across the continent.

The World Bank will release a KSh96.9 billion loan to Kenya before the end of June after the country met required reform conditions.

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National Treasury Cabinet Secretary John Mbadi has reassured Kenyans that the proposed PAYE tax relief for low earners remains on track, even though it was omitted from the Finance Bill 2026.

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