President William Ruto strongly argued on Wednesday for the proposed Finance Bill 2023, which is expected to be tabled in Parliament next week.
Ruto urged constructive criticism of the measure, claiming that proposals such as the housing fund would create millions of employment for the country's youth.
"If we feel the pain of the 3%, it's because we're alive; if we feel the pain of the 7 million Kenyans who live in indignity in slums, it's because we're human," added Ruto.
"Although our ideas about the means, policies, and strategies for achieving this vision may differ, we must keep in mind the line that no one should ever cross." "Of wishing for the failure of this nation or the suffering of its people in order to vindicate our politics," he added.
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Ruto addressed during the 20th National Prayer Breakfast, bringing national leaders, MPs, and Senators together.
The president stated that the government will no longer rely on borrowing but will increase tax collection.
"Our commitment is being tested," he said, adding that "only bold decisions will enable us to make the most of this opportunity to unlock the possibilities of the Kenya we all want for ourselves and our children."
"Now is the time to be bold and brave." Cowardly delay tactics and sabotage are written in unsteady handwriting. Excuses are the nails used to build the coffin of failure, just as procrastination is a time thief."
Proposals in the Finance Bill 2023 include an obligatory 3% payment from every employed Kenyan, which will be matched by their employers, allowing people to own homes.
However, the suggestion has received widespread opposition from Kenyans, who are frustrated by the current high cost of living.
