ADVOKS GLOBAL · KENYA
Public Finance Management Act
40. Submission and consideration of budget policy highlights and the Finance Bill in the National Assembly
Edition: 2026-09-25 · In force
40. Submission and consideration of budget policy highlights and the Finance Bill in the National Assembly
(1)Each financial year, the Cabinet Secretary shall, with the approval of Cabinet, make a public pronouncement of the budget policy highlights and revenue raising measures for the national government.(2)In making the pronouncement under subsection (1), the Cabinet Secretary shall take into account any regional or international agreements that Kenya has ratified, including the East African Community Treaty and where such agreements prescribe the date when the budget policy highlights and revenue raising measures are to be pronounced, the Cabinet Secretary shall ensure that the measures are pronounced on the appointed date.(5)Any of the recommendations made by the relevant committee of the National Assembly or adopted by the National Assembly on revenue matters shall—(a)ensure that the total amount of revenue raised is consistent with the approved fiscal framework and the Division of Revenue Act;(b)take into account the principles of equity, certainty and ease of collection;(c)consider the impact of the proposed changes on the composition of the tax revenue with reference to the direct and indirect taxes;(d)consider domestic, regional and international tax trends;(e)consider the impact on development, investment, employment and economic growth;(f)take into account the recommendations of the Cabinet Secretary as provided under Article 114 of the Constitution; and(g)take into account the taxation and other tariff agreements and obligations that Kenya has ratified, including taxation and tariff agreements under the East African Community Treaty.(6)The recommendations of the Cabinet Secretary in subsection (5)(f) shall be included in the report and tabled in the National Assembly.Case law referring to this provision