Kenya's Finance Bill 2025: A Crucial Step Towards Transparency and Accountability

Kenya's Finance Bill 2025: Speaker Calls for Tighter Controls to Curb Corruption Kenya's National Bunge la Wanainchi recently held a session to discuss the Finance Bill 2025, a critical piece of legislation shaping the nation's financial future. The session included an interview with CPA Hagai Tayodio, Speaker of the Bunge, who offered insights into the bill's implications and the ongoing fight against corruption. "CS Mbadi is one of the most hardworking Cabinet Secretaries," Tayodio stated, praising the efforts made to simplify the complex language of the bill. "He has put those economic and financial jargons into a language which an ordinary citizen can understand." However, Tayodio also stressed the pressing need for stricter measures to combat corruption within the budget. He expressed concern about the recurring issue of budget increases without corresponding improvements in accountability. The speaker highlighted the importance of closing "the budget corruption gaps" to prevent pilferage and ensure responsible use of public funds. His concern aligns with previous statements by former presidents regarding significant daily financial losses due to corruption. The interview concluded on a hopeful note, with Tayodio emphasizing the importance of continued efforts to enhance transparency and accountability in the nation's finances. He expressed confidence that the Finance Bill, with its focus on tighter controls, can play a crucial role in achieving this goal.