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The Kenyan economy performed very poorly during this era of World Bank and IMF-driven liberalisation at the height of Daniel Arap Moi administration. [44] From 1991 to 1993, Kenya had its worst economic performance since independence. Growth in GDP stagnated, and agricultural production shrank at an annual rate of 3.9%.
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.
The EFF says "We stand in solidarity with the people of Kenya who are bravely protesting against the exploitative legislation that seeks to impose severe tax." [48] Gideon Moi, Kenyan politician and party leader of the Kenya African National Union condemned the arrest and abduction of people perceived to be leaders of the protests. He said an ...
Amidst protests, the Kenyan government scrapped parts of the bill on 18 June 2024. According to Kuria Kimani, chairman of Kenya’s Finance and National Planning Committee, the proposed tax increases that were scrapped included a 16% value-added tax (VAT) on bread, as well as taxes on motor vehicles, vegetable oil, and mobile money transfers. [26]
NAIROBI, Kenya (AP) — Kenya’s president on Wednesday incorporated the opposition in his new Cabinet, appointing four ministers from the main opposition party in a bid to form a broad-based ...
Diplomats from the United States and 12 other western countries expressed shock at the violence in parliament, [4] while United Nations Secretary-General António Guterres also expressed concern. [9] Amnesty International said that "the pattern of policing protests is deteriorating fast" and called on the government to respect the right to ...
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The List of counties of Kenya by Gross County Product (GCP) shows the economic output of counties in Kenya. It is calculated by the Kenya National Bureau of Statistics (KNBS), which aggregates the value of all goods and services produced within a county during a specific period. GCP is an essential indicator for assessing the economic ...