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Originally published by The Standard Business
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January 23, 2026
8h ago

Why Controller of Budget has downplayed Ruto's Singapore dream

Why Controller of Budget has downplayed 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 strong skepticism regarding President William Ruto's vision to transform Kenya into a "Singapore-like" economy, asserting that the goal is currently unattainable. This assessment was made during the release of the state of the Kenyan Economy report.

  • Nyakang'o warned that the vision is unachievable as long as fiscal projections remain disconnected from the realities faced by citizens.
  • The report was released in Nairobi on January 22, 2026.
  • Daniel Ndirangu of the Institute of Public Finance was also present at the event.

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