CS Mbadi says timelines to Singapore dream dependent on Kenyans’ commitment

CS Mbadi says timelines to Singapore dream dependent on Kenyans’ commitment..

✨ Key Highlights

National Treasury and Economic Planning Cabinet Secretary (CS) John Mbadi stated that achieving Kenya's "Singapore dream" of first-world status within the 10-year target depends on the collective commitment of Kenyans. He confirmed the government aims to raise over Ksh. 600 billion through privatization and divestiture of public assets to fund this ambitious plan.

The government plans to raise over Ksh. 600 billion from privatization and divestiture, with Ksh. 350 billion already identified from Kenya Pipeline Corporation (KPC) and Safaricom.
The National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF) will serve as the financial mechanisms for the project.
CS Mbadi criticized opposition figures like Kiharu MP Ndindi Nyoro for labeling the plan a mirage.

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