Sh375bn revenue shortfall deepens Kenya cash crisis

Treasury

The National Treasury building in Nairobi. 

Photo credit: File I Nation Media Group

A Sh375 billion revenue shortfall in the financial year ending June 30 nearly crippled government spending plans, new data from the Treasury show.

Total exchequer revenue in the period fell shy of the mark, with key sources of funding including taxes and domestic and external borrowing falling below expectations.

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