The Kenya Tax Protests

 

Ongoing protests are spreading through Kenya against changes in taxation. The finance bill has been a major source of contention among the public. President William Ruto stated that he will not sign the bill into law.  The demonstrations are more than just an unfair tax system. The cost of living has caused much strain on the public. National debt to other counties leaves Kenya at the mercy of foreign  creditors. When food, fuel, and other commodities become too expensive this causes a reaction. Kenya still is using the recommendations of the IMF. The finance bill was created as a means of making Kenya less dependent on borrowing. What this appears to be is taking the money of Kenyans and transferring it to other nations. The youth are getting more disgruntled with current economic conditions. President William Ruto's election triumph was with the help of the youth vote. Kenya faces a debt crisis and the interference of the International Monetary Fund. Unemployment and an distorted tax code demonstrate economic inequality. Kenya's total debt is estimated at $80 billion. The policy must be one that does not harm the Kenyan population. Kenya should consider negotiating debt cancellation. This would not be possible for the World Bank or IMF. Trying to get debt cancelled would be easier with certain nations. Doing so would help end the debt crisis faster. Some demonstrators want President William Ruto to resign. Kenya faces major challenges and the current policies generate more poverty.