What’s Next for Kenya After Ruto’s Finance Bill Decision?

  • 📰 allafrica
  • ⏱ Reading Time:
  • 18 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 99%

Africa News

News,Politics,Economy

President William Ruto's decision to withdraw the Finance Bill 2024 has sparked uncertainty regarding Kenya's future fiscal management. The Bill's passage sparked widespread outrage, with demonstrators saying it would exacerbate the economic hardships faced by ordinary Kenyans.

the Finance Bill 2024 has sparked uncertainty regarding Kenya's future fiscal management. The Bill's passage sparked widespread outrage, with demonstrators saying it would exacerbate the economic hardships faced by ordinary Kenyans.explains the driving forces behind the protests, pointing out that sharp increases in the prices of essential goods, especially food and fuel, often trigger protests and social unrest.

A contingent of heavily armed security agents have been deployed around Parliament buildings and its environs ahead of Thursday's planned protests by demonstrators who have… President William Ruto's historic announcement to withdraw the Finance Bill 2024 has raised questions about the next steps for Kenya's fiscal management.

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:

 /  🏆 1. in US
 

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

United States United States Latest News, United States United States Headlines

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

Kenya: Security Forces Patrol Kenya's Capital After Anti-Finance Bill Protesters Shot DeadSoldiers and police were deployed Wednesday on the streets of Kenya's capital, a day after protesters stormed the country's parliament as part of demonstrations against tax increases.
Source: allafrica - 🏆 1. / 99 Read more »

Kenya: U.S. Senator Chris Coons Warns Kenya Against Violence Amid Finance Bill ProtestsUnited States Senator Chris Coons has voiced concerns over the violence witnessed during the anti-Finance Bill protests held on Tuesday.
Source: allafrica - 🏆 1. / 99 Read more »

Kenya: All Set for Tuesday's 'Occupy Parliament' Protest Against Finance Bill 2024All is set for Tuesday's 'Occupy Parliament' demonstrations to protest the Finance Bill 2024. Organisers of the protest and police have been holding meetings as they finalize strategies to facilitate Tuesday's planned sit-in outside Parliament Buildings, ahead of debate on the Finance Bill, 2024.
Source: allafrica - 🏆 1. / 99 Read more »

Kenya finance bill: Bread and other tax proposals axed amid public outcryProposed levies on cooking oil, motor vehicles and financial services are also axed.
Source: BBCAfrica - 🏆 23. / 61 Read more »

Willliam Ruto withdraws Kenya finance bill after deadly protestsPresident Ruto says Kenyans have spoken - and he 'concedes' on the controversial tax hikes.
Source: BBCAfrica - 🏆 23. / 61 Read more »

‘The people have spoken’: Kenya’s Ruto pulls finance bill after protest deathsGen-Z-led protests spiralled into violence Tuesday when police fired live bullets at the crowds outside parliament, leaving the complex ransacked.
Source: TheCitizen_News - 🏆 6. / 75 Read more »