By Thomas Mauko, 21st June 2024
On Thursday, June 20, Members of Parliament took a decisive vote on the controversial Finance Bill 2024 during its second reading in the National Assembly.
The session was marked by intense debate and significant political maneuvering, reflecting the high stakes involved in the proposed economic reforms.
In a crucial procedural move, the majority side appointed Robert Okose and Erick Wamumbi as their tellers to count the votes in favour of the bill. Meanwhile, the minority side selected Julius Mawathe and Jared Okelo to tally the votes against it. Speaker Moses Wetangula announced, “The following have been appointed by the whips as the tellers, for the ayes, Robert Okose, Erick Wamumbi. For the nays, Julius Mawathe and Jared Okelo.”
The Finance Bill 2024, which includes comprehensive tax reforms, increased infrastructure spending, and measures to combat inflation, has been a point of contention. Supporters argue that the bill is essential for stabilizing the economy and promoting long-term growth. President William Ruto has championed the bill, emphasizing its importance for Kenya’s fiscal health and future prosperity.
However, the opposition has criticized the bill, claiming it would disproportionately affect lower-income families and deepen economic inequalities. Opposition leader Raila Odinga has called the bill “regressive,” arguing that it fails to address the needs of ordinary Kenyans and could lead to higher living costs.
Despite the opposition, the bill passed with 204 MPs voting in favour and 115 against, showcasing the majority’s ability to push through key legislative measures. As the Finance Bill 2024 moves closer to becoming law, the government now faces the challenge of implementing its provisions effectively and addressing the concerns raised by its critics to ensure it benefits all Kenyans.