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Originally published by The Standard BusinessJanuary 23, 2026
6h ago
Which Singapore? Controller of Budget downplays Ruto's 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 reservations about President William Ruto’s vision of transforming Kenya into a "Singapore-like" economy, stating that it is currently unattainable. She warned that this ambition remains unrealistic unless fiscal projections are better aligned with the economic realities faced by citizens.
- Most important fact: The Controller of Budget deems Kenya's "Singapore-like" economic transformation goal as unattainable under current fiscal disparities.
- Key person: Controller of Budget Margaret Nyakang'o.
- Notable detail: The warning was issued during the release of the state of the Kenyan Economy report in Nairobi on January 22, 2026.
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