Ruto's new revenue hunt shifts to landowners
AI Summary
Kenya's President Ruto's administration anticipates a decline in ordinary revenue as a proportion of the economy in the next fiscal year and plans to reform land rent collection to mitigate the budget shortfall. This policy shift targets landowners to address government revenue challenges.
President Rutos administration expects ordinary revenue to shrink as a share of the economy in the next financial year and plans to reform land rent collection to offset the budget shortfall.
Politics Markets Real Estate Kenya President Ruto revenue reform landowners land rent budget shortfall fiscal policy