My biggest challenge since assuming office; President Ruto

President Ruto reveals his biggest challenge since assuming the presidency after the 2022 elections.

President William Ruto on Thursday, January 11, disclosed that since taking office in September 2022, Kenya’s debt remains his biggest challenge .

Speaking to a group of Jubilee leaders at State House Nakuru, Ruto stated that he had been thinking about the task for the past year.

According to President Ruto, out of every ten shillings that the Kenya Revenue Authority (KRA) collects, seven shillings are utilized to pay off debt, and the remaining three shillings are allocated to development projects and salary.

“I hear many people saying we have a lot of problems, the only problem we have in Kenya is debts, and that is what has been hitting my head for the last one year because for every ten shillings you collect, seven shillings you use to pay debts, there is a problem because then you are left with three shillings to pay salaries, send to counties and do development,” said President Ruto.

However, President Ruto said he plans to have seven shillings from every ten shillings collected to be used to run the country while the remaining three shillings are used to pay debts.

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“My intention is that we should flip it, we should be using three shillings to pay debt and seven shillings to run the country and that is my mission,” Ruto added.

The President went on to say debts cannot be used to build Kenya arguing that the country should be built using its resources.

“We have to change our country and I am telling you we are going to change Kenya. The people who are making noise will be the ones clapping for us in the future,” Ruto remarked.

On the other hand, he asserted that the best and only solution to reduce debt was through the collection of taxes, a strategy former President Mwai Kibaki excelled in.

“Kibaki came into office and we were collecting Ksh200 billion and he said that we have to go the VAT way. After that, we reached Ksh1 trillion by the time he left office.

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