Kenyan President William Ruto announced on Wednesday that he would not sign the contentious finance bill, yielding to the widespread protests that engulfed the nation and resulted in at least 23 fatalities. Ruto, in a televised address, acknowledged the vehement opposition from the Kenyan populace towards the Finance Bill 2024, stating, 'I will not sign the 2024 finance bill.'
The bill, introduced by the government to address public debt concerns, triggered escalating demonstrations across Kenya. Despite the government's decision to eliminate certain tax hikes, such as the proposed 16% value-added tax on bread and levies on various goods and services, including mobile money transfers, the protests persisted due to the escalating cost of living.
The situation turned violent when security forces resorted to teargas and live ammunition against protesters, leading to chaotic scenes in Nairobi. Government buildings were set ablaze, and the parliament witnessed unprecedented turmoil, with the ceremonial mace being stolen. The clashes between police and demonstrators resulted in the tragic loss of lives, with conflicting reports on the exact number of casualties.
While President Ruto expressed his condolences to the families of the deceased and emphasized the need for national unity and progress, critics pointed out the delayed decision to withdraw the bill, suggesting that earlier action could have averted the tragic events. Ruto's pledge to engage with the youth activists who spearheaded the protests signifies a potential shift towards inclusive dialogue and reconciliation.
The swift reversal of Ruto's stance, following his initial firm position on the bill, underscores the power of public opinion and the imperative for responsive governance. The aftermath of the protests serves as a poignant reminder of the delicate balance between fiscal policies and social welfare in a nation striving for stability and prosperity.
