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Originally published by The Standard Business
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January 22, 2026
3h ago

Controller of budget downplays Ruto's Singapore dream

Controller of budget downplays Ruto's Singapore dream

The Controller of Budget has watered down President Ruto’s Singapore dream, warning that the vision is unattainable as long as fiscal projections remain disconnected from citizens’ lived realities...

✨ Key Highlights

The Controller of Budget Margaret Nyakang'o has expressed skepticism regarding President William Ruto's vision to transform Kenya into a "Singapore-like" economy. She warns that this ambitious goal is unattainable if financial projections do not align with the everyday experiences and realities of Kenyan citizens.

  • The Controller of Budget, Margaret Nyakang'o, stated that the "Singapore dream" is unrealistic due to disconnect between fiscal projections and citizens' realities.
  • The warning was issued during the release of the state of the Kenyan Economy report in Nairobi on January 22, 2026.
  • Daniel Ndirangu of the Institute of Public Finance was also present at the report release.

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