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The Kenya Finance Bill 2024 was a piece of legislation that proposed changes to the tax system of Kenya, [1] which involves tax increases. [2] The proposed bill aims to raise 346 billion Kenyan shillings (KSh) to pay off debt and fund development projects.
Kenyan President William Ruto said Wednesday that he will not sign the 2024 finance bill that had sparked deadly protests in the country and left at least five people dead.
Given that the Finance Bill 2024 was a direct reaction to the demands of the International Monetary Fund and resulting overwhelmingly negative reactions directed at the institution during the protests, IMF's communications director, Julie Kozack apologized to the Kenyans for the resulting bloodshed but reiterated that austerity measures and a ...
The 118-page bill contains most of the provisions that were put in place in the bipartisan bill that was agreed to on Wednesday before it was killed after Musk criticized Republicans who supported it.
While the spending bill also removed language to give the municipal government of Washington, D.C., greater control over RFK stadium, the Senate approved that in a separate vote via a stand-alone ...
The bill was approved by the Senate and House and sent to President Joe Biden on December 14. [9] Biden signed it into law on December 22. [ 1 ] [ 10 ] In his signing statement , Biden expressed reservations about provisions that restrict the executive branch's discretion in Guantanamo detainee transfers and raised constitutional concerns ...
The House overwhelmingly passed the bill 366-34, followed by the Senate’s 85-11 approval — after Trump and his Department of Government Efficiency chief Elon Musk objected Thursday to what ...
2024 Parliament of Kenya assault: The Parliament Buildings in Nairobi are set on fire during protests against the finance bill, [17] while 10 protesters are shot dead by police. [ 18 ] Kenyan police units arrive in Haiti for a United Nations -backed security mission to restore order.