President William Ruto Declined to Sign Finance Bill, Sends it Back To Parliament

Finance bill 2024 Ruto Refuses to Sign bill

President William Ruto has refused to sign the Finance Bill, 2024, and sent it back to Parliament for changes. He wants MPs to consider his suggestions and potentially amend the bill.

To pass it without changes, Parliament would need a two-thirds majority. The bill, which faced public opposition, had already seen the removal of some controversial taxes, such as VAT on bread and motor vehicle tax.

Ruto’s decision might lead to an early recall of Parliament, which is on break until July 23.

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