Kenya’s President Ruto Reveals Plans to Borrow More After Tax Bill Withdrawal

Kenyan President William Ruto has announced that the government will need to borrow an additional $2.7 billion to cover the budget deficit after the recent retraction of a controversial tax hike. Ruto explained that the withdrawal of the tax bill has led to a funding gap and the additional $2.7 billion will plug that. He… Read More »Kenya’s President Ruto Reveals Plans to Borrow More After Tax Bill Withdrawal

Kenya finance bill: Kenya’s Ruto proposes spending cuts after nationwide protests

daily maverick - 05/Jul 14:50

NAIROBI, July 5 (Reuters) - Kenyan President William Ruto on Friday proposed spending cuts and additional borrowing in roughly equal measure to fill a...

“Kenyan President Ruto Discusses Tax Hike Withdrawal with IMF Chief Amid Protests”

naija247news.com - 04/Jul 23:34

NAIROBI, July 4 (Reuters) – Kenyan President William Ruto engaged in a phone conversation with International Monetary Fund (IMF) chief Kristalina...

Kenya will need to borrow more after axing tax hikes — Ruto

- 01/Jul 14:02

Kenyan President William Ruto said Nairobi will have to borrow billions to tackle Kenya's sovereign debt. He said he was not at fault for the deaths...

Kenya’s Ruto Hints at Talks with Tax Hike Protesters

iafrica.com - 24/Jun 20:00

President William Ruto has expressed his willingness to engage in dialogue with young Kenyans who held nationwide protests against proposed tax hikes....

Kenyan Anti-tax Protesters Organize New Demonstrations Demanding Ruto’s Resignation

iafrica.com - 03/Jul 18:08

Kenyan protesters are, once again, demonstrating in the streets of Nairobi and other locations in the country to demand the president’s resignation...

Kenyan Police Clash with Protesters Despite President Ruto Withdrawing Tax Hike Bill

thezimbabwemail.com - 27/Jun 13:26

NAIROBI,- Kenyan police fired teargas at protesters and blocked off streets leading to the presidential [...]

Kenya’s President Halts Planned Pay Rise for State Officers

iafrica.com - 04/Jul 18:43

President William Ruto has ordered the halt of proposed salary increases for cabinet members and parliamentarians after public outcry. Proposed by the...

Kenya's Ruto proposes spending cuts after nationwide protests

thestar.com.my - 05/Jul 12:14

NAIROBI (Reuters) -Kenyan President William Ruto on Friday proposed spending cuts and additional borrowing in roughly equal measure to fill a nearly...

Kenya’s National Commission on Human Rights Reveals 39 Killed in Anti-tax Protests

iafrica.com - 02/Jul 15:52

Kenya’s National Commission on Human Rights announced that 39 people have been killed and 361 injured in anti-government protests that began...

Kenya To Borrow Extra Sh 169 Billion After Cutting Budget

kdrtv.co.ke - 11:45

The government intends to borrow more money to fill the budget gap resulting from President William Ruto’s repeal of the Finance Bill 2024, which...

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