Kenya’s National Assembly Passes Finance Bill 2024 Amidst Nationwide Protests

By Hanna Claire Natukunda

In a move that has sparked controversy and disappointment among opposition supporters, Kenya’s National Assembly has passed the Finance Bill 2024 with an overwhelming majority.

The bill, largely supported by the Kenya Kwanza coalition, received 195 votes in favor and 106 against, paving the way for President William Ruto’s assent.

The passage of the bill came on a day when the country was brought to a standstill by nationwide protests called by the opposition Azimio coalition.

Despite a boycott by Azimio MPs, the Kenya Kwanza-led government pushed through the controversial bill, which has been criticized for its potential to exacerbate the country’s economic woes.

Protesters took to the streets to express their discontent with the government’s economic policies and the proposed law. Their efforts, however, seemed in vain as the bill was passed. The largely peaceful protests were marked by a heavy police presence and sporadic clashes between demonstrators and security forces.

The Finance Bill 2024 has been a contentious issue in Kenya. Critics argue it will lead to increased taxation, reduced government spending on essential services, and a widening of the country’s budget deficit. Supporters of the bill, on the other hand, argue that it will help stimulate economic growth and reduce the country’s reliance on foreign debt.

The passage of the bill is seen as a significant victory for the Kenya Kwanza coalition, which has been accused of pushing through controversial legislation without adequate consultation and debate. This move is likely to further polarize the country’s political landscape, with opposition supporters vowing to continue their protests and resistance against the government’s economic policies.

As the bill awaits President Ruto’s assent, Kenyans remain divided over its potential impact on the country’s economy and political stability. One thing is certain, however , the passage of the Finance Bill 2024 has set the stage for a prolonged period of political tension and unrest in the East African nation.