Kenyan President William Ruto withdraws controversial finance bill following violent protests

Kenyan President William Ruto has announced 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.

Last week, the government scrapped some tax increases, including a proposed 16 per cent value-added tax on bread along with taxes on motor vehicles, vegetable oil and mobile money transfers.On Tuesday they turned deadly when security forces fired teargas and live ammunition at protesters. "I send my condolences to the families of those who lost their loved ones in this very unfortunate manner," Ruto added.

"There is need for us as a nation to pick up from here and go into the future," Ruto said, adding that he will hold an engagement with young people in Kenya to listen to their ideas and proposals.

Source: News Formal (newsformal.com)

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