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Market
What will be the political impact on President Ruto by December 31, 2024, due to the Finance Bill controversy?
2
Resolution / Starting Odds
Significant loss of political support • 33%
No significant change in political support • 33%
Increase in political support • 34%
Major Kenyan news outlets and political analysis
Story
Kenya's President Ruto Declines to Sign, Withdraws Finance Bill 2024 Today Amid Protests
Jun 26, 2024, 01:48 PM
Kenyan President William Ruto has declined to sign the Finance Bill 2024 into law and has sent it back to Parliament for amendments today before they break for recess. This decision, made on Wednesday, comes after widespread public opposition and nationwide protests against the bill, which many citizens viewed as over-taxation. Ruto acknowledged the public's insistence on the need for more concessions and stated that the bill would be withdrawn. The Finance Bill 2024 had sparked significant controversy and deadly protests across the country, leading to its rejection and subsequent withdrawal by the President.
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Similar markets
Improved • 33%
Declined • 33%
Unchanged • 33%
Passed without amendments • 25%
Passed with amendments • 25%
Rejected • 25%
Postponed • 25%
Passed • 25%
Rejected • 25%
Withdrawn • 25%
Postponed • 25%
Announces new tax reforms • 25%
Announces new cabinet appointments • 25%
Announces new economic measures • 25%
Other • 25%
