President William Ruto has decided not to sign the contentious Finance Bill 2024, which has sparked nationwide protests and intense public debate over the past few weeks. The decision marks a significant shift from his earlier firm stance on the issue.
On Wednesday, in a highly anticipated State House address, President Ruto, surrounded by lawmakers, announced his decision to return the bill to the National Assembly, which is currently in recess. This move comes after weeks of grandstanding and intense public pressure, culminating in widespread protests that led to fatalities and a breach of Parliament.
“I govern, but I also lead. The voice of the people has been heard,” declared President Ruto. His statement highlighted his recognition of the public outcry and the importance of addressing the concerns of the citizens. The President’s impassioned defense of the proposed tax hikes in the Finance Bill had previously drawn significant criticism, with many arguing that the measures would impose undue hardship on ordinary Kenyans.
The Finance Bill 2024, which proposed a series of tax hikes, was passed by Parliament despite widespread opposition. The proposed changes included increases in income tax, VAT, and other levies, which critics argued would disproportionately affect the poor and middle class. The bill’s passage in Parliament ignited a wave of protests across the country, with demonstrators taking to the streets to voice their discontent.
The protests, which were marked by clashes between demonstrators and security forces, resulted in several fatalities and heightened tensions nationwide. The public’s anger was further fueled by the perception that the government was not listening to their concerns, leading to a crisis of confidence in the leadership.
President Ruto’s decision to return the bill to the National Assembly is a significant move, indicating a willingness to reconsider the controversial measures in light of the public’s response. By opting not to sign the bill, the President has opened the door for further debate and potential revisions to the proposed tax hikes.
In his address, President Ruto emphasized the need for balance and dialogue. “We must find a way to address our fiscal challenges without placing undue burden on our citizens,” he stated. The President’s acknowledgment of the public’s voice marks a departure from his earlier stance and suggests a more conciliatory approach moving forward.
