Mbadi: Finance Bill 2024 is dead and buried, it's not coming back

Mbadi, however, urged Kenyans to be prepared for new legislation as it is part of governance

In Summary
  • This follows a series of protests across the country led by young people to demand accountability and good governance from the government.
  • President William Ruto dropped  the Finance Bill 2024, which had sparked the street protests.
National Treasury and Economic Planning CS John Mbadi./
National Treasury and Economic Planning CS John Mbadi./
Image: HANDOUT

Treasury CS John Mbadi has assured Kenyans that the Finance Bill 2024 will not be brought back.

Mbadi said that under his leadership as Treasury CS, the Bill will not see the light of day.

This follows a series of protests across the country led by young people to demand accountability and good governance from the government.

The protests put President William Ruto under pressure, leading to the drop of the Finance Bill 2024, which had sparked the street protests.

Ruto also dissolved his previous cabinet and is in the process of reconstituting a new one, which he said is broad-based.

Mbadi, however, urged Kenyans to be prepared for new legislation as it is part of governance.

"We are not bringing back the Finance Bill 2024, that should go out very clearly. It is dead, it is buried, and it is withdrawn. There were so many clauses in that Bill that were offensive, and therefore, there is no space under my regime as Treasury CS, I have made it clear to the President that cannot be brought back under my leadership as a CS," Mbadi added.

He added that some of the clauses in the rejected Finance Bill 2024 were beneficial.

Mbadi said that some of the beneficial proposals will be brought back not at this point but in the future.

He, however, cited that issues Kenyans deem oppressive to them are off the table.

"Legislations will be there, what we must emphasize and push is public participation," he added.

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