The Azimio la Umoja Parliamentary Group (PG) has resolved to reject the Finance Bill 2024 in its entirety. This decision came after extensive deliberations held on Tuesday, just moments after the National Assembly Finance Committee Chair, Kimani Kuria, presented the bill in Parliament.
The two-hour meeting, chaired by prominent opposition leader Raila Odinga, concluded with a firm stance against the proposed legislation. Odinga, who had earlier given the green light for demonstrations, underscored the opposition’s unwavering commitment to safeguarding the interests of the public.
Azimio’s rejection of the Finance Bill is rooted in several key concerns. According to sources within the party, the bill contains provisions that could have adverse effects on the economic welfare of ordinary citizens. Among the contentious issues are proposed tax hikes and new levies that the opposition argues would disproportionately burden low-income households.
Azimio lawmakers voiced their apprehensions about the bill’s potential to exacerbate economic inequality. They argue that the proposed fiscal measures could lead to increased costs of living, stifling economic growth and placing undue pressure on small businesses and households already grappling with the aftermath of the COVID-19 pandemic.
The opposition’s decision is also influenced by widespread public sentiment against the bill. Demonstrations have been planned to express popular dissent, with Azimio leaders urging citizens to peacefully protest the proposed measures. Raila Odinga emphasized the importance of public participation in the legislative process, asserting that the government must listen to the voices of the people.
