International economic consultant Prof. Hiroyuki Hino has highlighted the necessity for Kenya to address corruption and debt management as critical steps toward achieving an economy comparable to Singapore's.
Speaking at the National Conversation Beyond Vision 2030 held at the Kenyatta International Convention Centre (KICC), Prof. Hino, who advised President William Ruto on the country’s post-2030 vision framework, emphasized that Kenya's transformation depends on four key reforms:
- Combating corruption at all governance levels
- Investing in human capital development
- Controlling national debt
- Accelerating economic growth
Prof. Hino pointed out that corruption undermines economic progress and social cohesion, making its eradication vital for Kenya's advancement. He projected that by 2063, Kenya could reach Singapore's current gross national income per capita of $80,000, which is presently 40 times higher than Kenya's $2,000.
He stressed the importance of improving childhood nutrition, education outcomes, and access to essential services to drive this transformation. Praising Kenyan citizens’ attributes such as hard work and discipline, he noted these qualities could fuel extraordinary economic growth.
Furthermore, Prof. Hino called for sustained fiscal prudence, significant infrastructure investment, and a business-friendly environment to maintain robust growth.
He also urged reforms in education and labor sectors, enhanced support for vulnerable populations, and greater recognition of informal small enterprises.
Kisumu Governor Prof. Anyang’ Nyong’o, chairing the strategic working group for the Beyond 2030 Vision agenda, echoed the call for collective responsibility in planning and implementing Kenya’s economic future, emphasizing the need to build the vision step by step.
