The government plans to collect an additional Sh323.5 billion in taxes, in a budget spending plan that will see the William Ruto-led administration spend a total of Sh4.55 trillion, mostly on salaries and debt repayments.
In the 2024 Budget Policy Statement (BPS), the government targets to collect Sh2.95 trillion in taxes in the fiscal year 2024/25 (July to June), relying on the proposed far-reaching tax measures that target the hard-to-tax sectors such as the informal, digital and agricultural activities.
