After the deaths of new fewer than 23 persons due to wild protests that greeted the introduction of a controversial Finance Bill 2024,President William Ruto has on Wednesday said he will not sign the bill.
Ruto backed down in the face of mass protests that confirmed citizens rejecttion of the bill which seeks to raise taxes to meet up payments of debt obligations while the people preferred a cut in government expenditure
“Having reflected on the continuing conversation regarding the content of the finance bill 2024, and listening keenly to the people of Kenya who have said loudly that they want nothing to do with this Finance Bill 2024, I concede, and therefore I will not sign the 2024 finance bill,ā Ruto said during a television address Wednesday.
āThe people have spoken,ā Ruto said. āFollowing the passage of the bill, the country experienced widespread expression of dissatisfaction with the bill as passed, regrettably resulting in the loss of life, the destruction of property and desecration of constitutional institutions.ā Ruto said in Nairobi on Wednesday
Kenya, a nation often praised for its stability, had seen escalating protests over the bill, which the government introduced to rein in public debt.
Last week, the government scrapped some tax increases, including a proposed 16% value-added tax on bread along with taxes on motor vehicles, vegetable oil and mobile money transfers. But the concessions were not enough to quell protests amid the rising cost of living.
On Tuesday they turned deadly when security forces fired teargas and live ammunition at protesters.
Dramatic scenes in the nationās capital Nairobi saw government buildings set on fire and a ceremonial mace stolen from the parliament in the melee. Kenyan lawmakers were evacuated from the parliament as police went up against protesters.
