Kenyan taxpayers will contribute Sh254 billion more in the coming fiscal year to finance the Treasury’s Sh2.53 trillion budget that is centred on President Uhuru Kenyatta’s ‘Big Four’ agenda.
Treasury secretary Henry Rotich is expecting the additional revenue to come from higher sin taxes, income tax and the looming increase of value-added tax (VAT) on petroleum products, according to the budget expenditure documents submitted to Parliament.
