President Ruto: “We Don’t Want Our Nation To Be In Debt”

0
213

President William Ruto has pleaded with Kenyans to be tax compliant in a bid to aid revenue collection which will salvage the country from a high debt ceiling.

“I want you Kenyans to help me with only one thing, pay taxes. Because all this work cannot be done without money and the government gets money from tax collected,” he pleaded.

Speaking on Sunday at Kitui Central constituency during a church thanksgiving ceremony, President Ruto observed that the country is grappling with a huge debt that will hinder development.

The Head of State further pledged to be on the forefront in ensuring unnecessary borrowing ends so as the country becomes independent and use own resources.

“I want to promise you I will lead from the front to ensure that we remove Kenya from borrowing. We must end borrowing from other countries and we start looking for our own money as Kenyans,” said Ruto.

President Ruto said his government is focused on solving the huge debt crisis in the country which stands at Sh8.2 trillion.

He disclosed that currently, the country is paying debts close to 1.4 trillion every year which is a huge headache that needs to be solved.

The president said his government is targeting to collect Ksh.3 trillion come next year from the current Ksh.2 trillion which means before the end of five years Ksh.4 Trillion will have been collected to enhance development.

LEAVE A REPLY

Please enter your comment!
Please enter your name here