Gen Z takes over the streets in Kenya, blocking unpopular finance bill

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

In a move that surprised observers, Kenya's President William Ruto has agreed to scrap a highly controversial finance bill that sparked two days of police violence

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Kenya owes billions of dollars to Western countries and the International Monetary Fund as well as China, to whom it owes $5.7 billion. The proposed taxes would have affected every segment of society but especially students, the unemployed, poor, and working-class people. The bill proposed taxing everything from income and fuel to essential items like eggs, sanitary napkins, and disposable diapers.

Yet, for many Kenyans, the deficit hinges not on taxation, but on rampant corruption at every level of government, financial mismanagement, and lavish consumption among political elites.

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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Deadly protests over Kenya finance bill prompt President William Ruto to drop support for tax hikesKenya's President William Ruto sent a finance bill with major tax hikes back to lawmakers a day after the parliament was besieged by furious protesters.
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