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

  • 📰 NYAmNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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

Amsterdam News has been reporting the news of the day from a Black perspective for 113 years. Donors who choose to give monthly or annually will receive Amsterdam News’ Weekly E-Edition and acclaimed weekday newsletter Editorially Black to their inbox!Get the top Racial Equity stories of the day from America’s most influential oldest continuously published Black newspaper, serving the nation’s largest Black and brown community. Sign up to stay connected.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 269. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: CBSNews - 🏆 87. / 68 Read more »