Kenya's President William Ruto has unveiled an ambitious tax reform plan aimed at increasing revenue collection from 14% to 22% of the country's GDP in the next 10 years. The plan, announced during the annual Tax Payers' Day at State House, Nairobi, will leverage technology and artificial intelligence to achieve a 90% tax compliance rate by 2026/2027.

The Kenyan government plans to deploy digital technologies to enhance tax compliance, including the use of artificial intelligence and automated systems for improved service delivery. This move is expected to boost revenue collection and reduce the cost of living in the country. The plan also includes the reintroduction of some tax reforms that were dropped due to protests, including VAT increases and new taxes on the digital industry.

The tax reform plan is a significant development for the tech and startup community in Kenya, as it highlights the government's commitment to leveraging technology to drive economic growth and development. The plan's focus on increasing revenue collection and reducing the cost of living is also expected to have a positive impact on the overall business environment in the country.