Blow to Treasury as KRA misses target by Sh20b

The Kenya Revenue Authority missed its tax collection target by Sh20.1 billion in July alone, the National Treasury has revealed, dealing a severe blow to President William Ruto’s economic plan.

This also raises doubts on Kenya Kwanza administration’s ability to fund key promises as the President races against time to deliver on his flagship Bottom-Up Economic Transformation Agenda before the 2027 polls.

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The Kenya Revenue Authority missed its tax collection target by Sh20.1 billion in July alone, the National Treasury has revealed, dealing a severe blow to President William Ruto’s economic plan.

Follow The Standard
channel
on WhatsApp