Ruto Vows Big Revenue Boost, Budget Cuts After Kenya Downgrade

Kenya’s President William Ruto said he has mapped a path to urgently improve the nation’s fiscal position in a bid to avoid the economic crises that befell emerging and frontier markets this year.

Ruto targets to nearly triple annual tax collections to 5 trillion shillings ($40.6 billion) in five years, he said in an interview on Friday in Washington DC where he attended the US-Africa Leaders Summit. 

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