State treating Finance Bill as a matter of life and death – MP Hassan

MP Hassan said the country will plunge into an economic and political crisis if the bill doesn't pass.

In Summary
  • This is after the Finance Bill has been a subject to fierce criticism from leaders and Kenyans alike.
  • The Bill is already in the National Assembly awaiting the MPs' decision.
Kamukunji MP Yusuf Hassan.
Kamukunji MP Yusuf Hassan.
Image: FILE

Kamukunji MP Yusuf Hassan has said President William Ruro's government has no choice but to pass the Finance Bill.

The legislator explained that all states' functions depend on the proposed bill.

Speaking on Monday at KTN, MP Hassan said if the bill doesn't pass the country will plunge into an economic and political crisis.

"The ruling party has the Finance Bill as a matter of life and death. It is necessary for President William Ruto and his party to be able to push it forward," he said.

He said there is no return from the Finance Bill as the government is deeply involved.

This is after the Finance Bill has been a subject of fierce criticism from leaders and Kenyans alike.

The Bill is already in the National Assembly awaiting the MPs' decision.

Ruto has, however, maintained that he wants the Finance Bill to pass because it will be beneficial to Kenyans.

The President said he is waiting to see the MPs who will oppose the bill.

"I am waiting for the Members of Parliament who will go and vote against the employment of these young people, against housing that would give these people the chance to own a house with five per cent mortgage," he said.

The Bill proposes, among others, that employees contribute three per cent towards the Housing Fund Levy.

This, Ruto said, is not a tax but a contribution and saving scheme towards the affordable housing project.

He also said the contribution is mandatory.

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