President William Ruto has reignited speculation about a potential return of the controversial Finance Bill, 2024.
The Head of State has openly expressed frustration over a Sh130 billion shortfall in the road development budget, a situation he attributes to the bill’s earlier rejection.
While on a tour of the Gusii region, Ruto candidly outlined his predicament.
“Your MP came to me about roads in this area, but I’m in a tight spot,” he told a crowd. “I had earmarked Sh130 billion for national roads, but then the Finance Bill was shot down. Should I bring it back?”
The President emphasized the urgent need for additional funds, placing the onus on Parliament.
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“I’m the budget planner, and Parliament is the approving authority,” he stated. “When the Bill comes back, I expect swift action from your MP.”
Local MP Daniel Manduku hinted at a possible change in stance among constituents.
While they had previously instructed him to oppose the Finance Bill, Manduku suggested a potential shift in opinion.
“The people told me ‘no’ last time, but that might change,” he said.
The President’s remarks have sparked fresh debate over the government’s fiscal plans and the potential political ramifications of reintroducing the contentious legislation.
The Finance Bill, 2024, initially faced significant opposition, leading to its withdrawal.
However, with essential infrastructure projects hanging in the balance, the debate over its reintroduction is likely to intensify in the coming weeks.