Kenya’s Ruto says finance bill to be withdrawn after anti-tax protest deaths

President of Kenya William Ruto addresses members of the media during a press conference at the State House in Nairobi, on June 26, 2024. – Kenyan President William Ruto said on June 26, 2024 that a contentious bill containing tax hikes would “be withdrawn”, dramatically reversing course after unprecedented scenes saw over a dozen people killed and parliament ransacked in the capital Nairobi.

But he warned that the withdrawal of the finance bill would mean a significant shortfall in funding for development programmes designed to help farmers and schoolteachers, among others, as the East African nation struggles to lower its foreign debt burden. Ruto’s administration has been taken by surprise by the intensity of opposition to its tax hikes, with protests breaking out across the country last week.turned violent on Tuesday when lawmakers passed the legislation and police fired live rounds into crowds that ransacked the partly ablaze parliament complex.

Source: News Formal (newsformal.com)

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