There are reports that Kenya President William Ruto has declined to sign the controversial finance bill which has sparked days of protests from Kenya citizens.
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According to reports, Ruto returned the bill to the Parliament on Wednesday for further consideration.
Parliament will now decide whether to amend the bill to address the President’s concerns, abandon it, or attempt to pass it again.
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The Finance Bill 2024, a critical piece of legislation, is designed to overhaul the country’s tax system, aiming to increase revenue collections to support the government’s budget for the fiscal year 2024/25.
However, the bill was met with stiff opposition from various sectors of the Kenyan society, who argue that many of the proposed tax measures are punitive and could exacerbate the economic burden on the populace.
The bill successfully navigated through parliament, with a majority voting in favor during the second reading stage.
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