Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Amusan Secures Silver Medal At Tokyo 2025 World Championships

    September 15, 2025

    Former British Boxer Ricky Hatton Dies At 46

    September 14, 2025

    Tinubu To Deliver Nationwide Broadcast On October 1

    September 10, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Amusan Secures Silver Medal At Tokyo 2025 World Championships
    • Former British Boxer Ricky Hatton Dies At 46
    • Tinubu To Deliver Nationwide Broadcast On October 1
    • INEC Affirms Mark, Aregbesola As ADC’s New Leaders
    • BUA Group Condemns Killing of NSCDC Operatives in Okpella
    • Tinubu Congratulates Shettima on NES Award
    • DSS Petitions X On Sowore’s Post Labeling Tinubu A Criminal
    • Angela Rayner Quits As Deputy Prime Minister
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Monday, September 15
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Kenya’s President Withdraws Finance Bill After Anti-Tax Protest Deaths
    2 Mins ReadJune 26, 2024

    Kenya’s President Withdraws Finance Bill After Anti-Tax Protest Deaths

    By Amina MohammedJune 26, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Kenya President William Ruto said Wednesday that a bill containing contentious tax hikes would “be withdrawn”, dramatically reversing course after more than 20 people died and parliament was ransacked by protesters opposed to the legislation.

    But he warned that the withdrawal of the finance bill would mean a significant shortfall in funding for development programmes designed to help farmers and schoolteachers, among others, as the East African nation struggles to lower its foreign debt burden.

    “I concede and therefore I will not sign the 2024 finance bill and it shall subsequently be withdrawn,” Ruto told a press briefing, adding: “The people have spoken.”

    Ruto’s administration has been taken by surprise by the intensity of opposition to its tax hikes, with protests breaking out across the country last week.

    The largely peaceful rallies turned violent on Tuesday when lawmakers passed the legislation and police fired live rounds into crowds that ransacked the partly ablaze parliament complex.

    The state-funded Kenya National Commission on Human Rights said it had recorded 22 deaths and 300 injured victims, adding that they would launch an investigation.

    Frustration over the rising cost of living spiralled last week as lawmakers began debating the bill containing the tax hikes.

    Ruto’s cash-strapped government said the increases were needed to service the country’s massive debt of some 10 trillion shillings ($78 billion), equal to roughly 70 percent of Kenya’s GDP.

    Author

    • Amina Mohammed
      Amina Mohammed

      View all posts
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amina Mohammed

    Related Posts

    Breaking News

    Amusan Secures Silver Medal At Tokyo 2025 World Championships

    September 15, 2025
    Breaking News

    Former British Boxer Ricky Hatton Dies At 46

    September 14, 2025
    Breaking News

    DSS Petitions X On Sowore’s Post Labeling Tinubu A Criminal

    September 7, 2025
    Breaking News

    Angela Rayner Quits As Deputy Prime Minister

    September 5, 2025
    Breaking News

    EFCC Declares Sujimoto CEO Wanted For Money Laundering

    September 5, 2025
    Breaking News

    Ex-IGP Solomon Arase Dies In Abuja

    August 31, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Amusan Secures Silver Medal At Tokyo 2025 World Championships

    September 15, 2025

    Former British Boxer Ricky Hatton Dies At 46

    September 14, 2025

    Tinubu To Deliver Nationwide Broadcast On October 1

    September 10, 2025

    INEC Affirms Mark, Aregbesola As ADC’s New Leaders

    September 10, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.