KRA collection target raised to Sh1.69trn to tame borrowing

National Treasury secretary Henry Rotich. FILE PHOTO | NMG

The Treasury has raised targets for the taxman in the next financial year as it plans to stabilise its debt and consolidate economic growth, newly published estimates show.

The Kenya Revenue Authority (KRA) is expected to collect Sh1.69 trillion in the next financial year up from Sh1.47 trillion in the current financial year ending June.

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