Close Menu

    Subscribe to Updates

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

    What's Hot

    FG Arraigns Suspended Kogi Senator, Natasha Over Defamation Trial

    June 19, 2025

    Court Grants Natasha N50m Bail In Defamation Trial

    June 19, 2025

    Prosecution Closes Case In Nnamdi Kanu’s Terrorism Trial

    June 19, 2025
    Facebook X (Twitter) Instagram
    Trending
    • FG Arraigns Suspended Kogi Senator, Natasha Over Defamation Trial
    • Court Grants Natasha N50m Bail In Defamation Trial
    • Prosecution Closes Case In Nnamdi Kanu’s Terrorism Trial
    • Tinubu Visits Victims Of Benue Crisis in Hospital
    • Ex-VP Namadi Sambo Denies Usman’s Claims on 2013 Power Privatisation
    • FG To Evacuate Nigerian Citizens Stranded In Israel, Iran
    • Petrol Scarcity Looms In South-West As Marketers Protest Tolling
    • US Court Jails Five Nigerians Over $17m Fraud
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Friday, June 20
    • 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    Kenya President William Ruto said Wednesday that a bill containing contentious tax hikes would “be withdrawn”, dramatically reversing course after more than 20 people died and parliament was ransacked by protesters opposed to the legislation.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    “I concede and therefore I will not sign the 2024 finance bill and it shall subsequently be withdrawn,” Ruto told a press briefing, adding: “The people have spoken.”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

    Court Grants Natasha N50m Bail In Defamation Trial

    June 19, 2025
    Breaking News

    Tinubu Visits Victims Of Benue Crisis in Hospital

    June 18, 2025
    Breaking News

    FG To Evacuate Nigerian Citizens Stranded In Israel, Iran

    June 18, 2025
    Crime

    US Court Jails Five Nigerians Over $17m Fraud

    June 18, 2025
    Featured

    Lagos LG Polls: APC Charges Candidates To Ensure Victory For Party

    June 17, 2025
    Crime

    Benue Killings: Terry Waya Preaches Unity, Says Tinubu Actively Working To Address Crisis

    June 17, 2025

    Subscribe to News

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

    Editor's Picks

    FG Arraigns Suspended Kogi Senator, Natasha Over Defamation Trial

    June 19, 2025

    Court Grants Natasha N50m Bail In Defamation Trial

    June 19, 2025

    Prosecution Closes Case In Nnamdi Kanu’s Terrorism Trial

    June 19, 2025

    Tinubu Visits Victims Of Benue Crisis in Hospital

    June 18, 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.