Chairman of the Parliamentary Budget Committee, Ndindi Nyoro, has taken steps to reassure Kenyans that the Finance Bill 2023-24, which has generated controversy, remains open for amendments to incorporate their input.
Nyoro mentioned that the finance committee has been actively seeking public views throughout the country, and these perspectives will be taken into account when shaping the Bill.
While distributing bursary cheques to residents at Mumbi grounds, he affirmed that there will be further negotiations before the Bill is ultimately passed, indicating a willingness to engage in discussions and consider potential modifications.
He claimed that the president is extensively consulting with the leaders over the Bill.
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Nyoro, who is also the Mp for Kiharu, stated that contrary to what is being claimed, the government has no intention of imposing the Bill on the populace.
He added that the government should be given time to justify the use of the funds raised by the suggested new levies.
According to the MP, efforts are being made to reduce borrowing and increase domestic revenue. He continued by saying that the government will raise Sh 2.7 trillion from the planned taxes, which would be more than enough to fund operations.
He said that the Finance Bill will also aid in bringing down the fiscal deficit from 8.2 percent in the previous fiscal year to roughly 4.4 percent.
If the divisive Finance Bill 2023-24 is approved, Azimio leader Raila Odinga has warned to resume weekly mass protests against President William Ruto.
“We are putting the government on notice that we shall resume mass protests if our demands are not met,” he said.
Raila urged Azimio MPs to reject the Bill as he called on supporters to “deal” with MPs who will vote for its implementation.
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