RUTO WITHDRAWS FINANCE BILL 2024
President William Ruto has bowed to pressure and said he will not sign the Finance Bill 2024.
The president said the people have spoken.
“Listening keenly to the people of Kenya who have said loudly that they want nothing to do with this Finance Bill 2024, I concede and therefore I will not sign the 2024 Finance Bill and it shall subsequently be withdrawn,” he said.
Once a Bill is before Parliament, it can’t just lapse until it’s withdrawn.
So the president is expected to return it to Parliament, with a memorandum on why he will not sign it into law.
After that, he is expected to ask the majority leader Kimani Ichungwa’h to formally withdraw it.