State-owned firms pay Treasury Sh41bn

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

The National Treasury’s earnings from public investments for the financial year ended June exceeded target by nearly Sh5.81 billion, boosting the non-tax revenue streams and helping ease cash flow pressures in a period when taxes underperformed.

The latest exchequer disclosures show investment revenue amounted to Sh41.3 billion in the review period, overshooting the Sh35.5 billion goal by 16.37 percent.

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Note: The results are not exact but very close to the actual.