Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans.
Total revenue into government coffers dropped to Sh408.14 billion in the July-September period, down from Sh459.55 billion a year earlier, even as demand for cash to fund government obligations, including last Thursday’s repeat presidential poll and related security measures, increased.
