Official announcements from Kenyan Parliament or credible news sources

Kenyan President Ruto Withdraws $2.7 Billion Finance Bill Amid Deadly Protests

Jun 26, 2024, 02:00 PM

Kenyan President William Ruto has decided to withdraw the contentious Finance Bill 2024 following widespread public protests. The bill, which proposed a $2.7 billion tax hike, sparked nationwide demonstrations that resulted in the deaths of at least 23 people and saw protesters ransack Parliament. Ruto, responding to the public outcry, stated that he would not sign the bill into law and has sent it back to Parliament for amendments. The decision marks a significant victory for the tax revolt movement in Kenya, which had vehemently opposed the bill's provisions.