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Kenyan President Ruto withdraws controversial finance bill following violent protests

World,Africa,Kenya,Banking And Finance,Taxes

From the Left

Kenyan President William Ruto said Wednesday that he will not sign a controversial finance bill that had sparked deadly protests in the country and left at least six people dead.

“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,” Ruto said during a television address Wednesday.

“The people have spoken,” Ruto said. “Following 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.”

Kenya, a nation often praised for its stability, has seen escalating protests over the bill, spearheaded largely by young people.

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