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Thursday, February 8, 2024

Kenya’s Future Lies in Taxation, Not Debts, Ruto Tells Kenyans Abroad

In a recent address to Kenyans living in Japan, President William Ruto reiterated his firm stance that Kenya’s development hinges on taxes, not debts or aid. Emphasizing the need for citizens to contribute to the nation’s growth, Ruto drew parallels with Japan’s development model, where citizens’ taxes play a significant role.

Ruto highlighted the disparity in the tax-to-GDP ratio between Kenya and Japan, underscoring the importance of increased taxation to drive development efforts. He emphasized that the burden of building the nation falls squarely on Kenyans themselves, urging them to actively participate in the country’s progress.

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Asserting his unwavering commitment to making tough decisions for the country’s benefit, Ruto emphasized that he will prioritize the nation’s long-term interests over short-term gains. Despite facing criticism and name-calling, he remains resolute in his pursuit of policies aimed at fostering sustainable development.

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During his official visit to Japan, President William Ruto engaged in bilateral meetings with top Japanese leaders and corporations, aiming to strengthen ties and explore avenues for collaboration. A significant outcome of the visit was the signing of a framework agreement between Kenya and Toyota Tsusho Corporation, focusing on vehicle manufacturing and renewable energy development.

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Ruto’s message resonates with the broader narrative of self-reliance and economic empowerment, echoing the sentiments of many Kenyans who advocate for a shift towards sustainable development fueled by domestic resources. As Kenya navigates its development journey, Ruto’s emphasis on taxation as a catalyst for growth underscores the importance of fiscal responsibility and citizen engagement in shaping the nation’s future.

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