How weak tax collection opened Sh270bn budget hole

Clients seek services at KRA headquarters in Nairobi on February 23, 2024.

Photo credit: File | Wilfred Nyangaresi | Nation Media Group

Poor tax mobilisation across nine months of the current fiscal year to the end of March has opened up a Sh270 billion budget hole, new disclosures show.

Submissions by the Treasury to Parliament reveal the shortfall in total revenues, which was primarily due to the poor performance of ordinary revenues or taxes.

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