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Will a new Finance Bill 2024 be approved by December 31, 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Kenyan Parliament or government websites
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 Ruto acknowledged the public's insistence on the need for more concessions and stated that the bill would be withdrawn.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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Taxation amendments • 33%
Spending amendments • 33%
No major amendments • 33%
Passed as is • 33%
Modified and passed • 33%
Rejected • 33%
Significant changes made • 33%
Minor changes made • 33%
No changes made • 33%
Passed with amendments • 33%
Passed without amendments • 33%
Rejected • 33%
Passed with major changes • 33%
Passed with minor changes • 33%
Rejected • 34%
Yes • 50%
No • 50%
Passes with majority • 33%
Fails to pass • 33%
Deferred for further discussion • 33%
