Kenya’s President Ruto Drops Tax Hike Bill After Deadly Protests

In a surprising turn of events, Kenya’s President William Ruto announced he would not sign a controversial finance bill that had sparked deadly protests across the country. The bill, passed by parliament on Tuesday, aimed to raise nearly $2. 3 billion through tax hikes to tackle Kenya’s mounting debt. However, the protests, largely led by young Kenyans, turned violent, resulting in at least 22 deaths and hundreds of injuries. The protests started last week against proposed tax increases on essential items like bread and cooking oil. Initially peaceful, the demonstrations escalated on Tuesday when protesters stormed the parliament building, vandalizing it and setting parts on fire. President Ruto, who had initially threatened to use military force, changed his stance after the protests, calling for a national dialogue to address the economic crisis.Kenya’s national debt has been spiraling for years, leading to significant pressure from international financial institutions. The proposed tax hikes were seen as a desperate measure to cover massive interest payments. The protests, fueled by social media, showed the power of young Kenyans in shaping the country’s political landscape. Despite the government’s initial resistance, the protests forced a change in policy, demonstrating the impact of public outcry. President Ruto’s decision not to sign the bill is a significant shift, acknowledging the need for a broader conversation about Kenya's economic future. This move could pave the way for more inclusive decision-making, involving citizens in addressing the nation’s financial challenges.