Close Menu

    Subscribe to Updates

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

    What's Hot

    Tinubu Condoles Indian PM, Narendra Modi Over Ahmedabad Plane Crash

    June 12, 2025

    Zombie: Fela Anikulapo-Kuti Inducted Into 2025 Grammy Hall Of Fame

    June 12, 2025

    June 12: Nigeria Cannot Be Said To Be In A Democracy – Peter Obi

    June 12, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Tinubu Condoles Indian PM, Narendra Modi Over Ahmedabad Plane Crash
    • Zombie: Fela Anikulapo-Kuti Inducted Into 2025 Grammy Hall Of Fame
    • June 12: Nigeria Cannot Be Said To Be In A Democracy – Peter Obi
    • 242 Onboard As Air India Plane En Route London Crashes
    • Democracy Day: Youths Protest June 12 Annulment In Lagos
    • Tinubu Greets Adamu Mu’azu At 70
    • Tinubu Cancels Nationwide Broadcast, To Address Nigerians At NASS Joint Session
    • Air Peace Perpetrating Fraud, I Intervened On Behalf Of Distraught Passengers – Oshiomhole
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Friday, June 13
    • 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    Kenya President William Ruto said Wednesday that a bill containing contentious tax hikes would “be withdrawn”, dramatically reversing course after more than 20 people died and parliament was ransacked by protesters opposed to the legislation.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    “I concede and therefore I will not sign the 2024 finance bill and it shall subsequently be withdrawn,” Ruto told a press briefing, adding: “The people have spoken.”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

    Aviation

    Tinubu Condoles Indian PM, Narendra Modi Over Ahmedabad Plane Crash

    June 12, 2025
    Entertainment

    Zombie: Fela Anikulapo-Kuti Inducted Into 2025 Grammy Hall Of Fame

    June 12, 2025
    Aviation

    242 Onboard As Air India Plane En Route London Crashes

    June 12, 2025
    Featured

    Democracy Day: Youths Protest June 12 Annulment In Lagos

    June 12, 2025
    Featured

    Air Peace Perpetrating Fraud, I Intervened On Behalf Of Distraught Passengers – Oshiomhole

    June 11, 2025
    Featured

    We’ll Welcome Wike To APC If He Decides To Join The Progressives – Tinubu

    June 11, 2025

    Subscribe to News

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

    Editor's Picks

    Tinubu Condoles Indian PM, Narendra Modi Over Ahmedabad Plane Crash

    June 12, 2025

    Zombie: Fela Anikulapo-Kuti Inducted Into 2025 Grammy Hall Of Fame

    June 12, 2025

    June 12: Nigeria Cannot Be Said To Be In A Democracy – Peter Obi

    June 12, 2025

    242 Onboard As Air India Plane En Route London Crashes

    June 12, 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.