KRA misses revenue target by Sh107bn

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). FILE PHOTO | NMG

Kenya Revenue Authority (KRA) missed its revenue collection target by Sh107 billion in the fiscal year ended June 2022, citing a harsh economic environment.

The taxman collected Sh2.166 trillion, a 95.3 percent performance rate, the first time in two consecutive financial years the agency missed the target. The target was 2.273 trillion.

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