In a significant move, President William Ruto has declined to ratify the controversial Finance Bill 2024 amidst widespread public pressure and violent protests. The bill, which proposed new tax hikes, faced severe backlash from Kenyans who argued that it would worsen the already high cost of living.
President Ruto announced the government’s decision to withdraw the bill entirely, emphasizing the need for a national conversation on managing the country’s affairs and debt situation. He proposed engaging with the youth and called for budget cuts across all government sectors to help the country live within its means.
The protests, initially peaceful, escalated into violent clashes with police, resulting in casualties and extensive property damage, including the storming of the Parliament building. In response, the President condemned the violence and assured that measures would be taken to thwart any further attempts by criminals to undermine the country’s security and stability.
President Ruto’s decision has been met with mixed reactions. Many Kenyans expressed relief and hope for more inclusive and responsive governance, while others remain skeptical about the government’s commitment to addressing the underlying issues fueling the unrest. The President’s upcoming address is highly anticipated, with citizens and political analysts eager to hear the government’s plans for navigating this challenging period.
In his statement, President Ruto acknowledged the public’s concerns and emphasized the administration’s dedication to finding solutions that balance fiscal responsibility with the needs of the citizens. He also condemned the criminal elements within the protests and committed to continuing the national conversation on pertinent issues in a respectful and constitutional manner.