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Assessing Kenya’s tax to GDP ratio
Addressing the challenges posed by high excise taxes and illicit trade requires a multi-faceted approach that combines fiscal, regulatory, enforcement and public awareness measures. PHOTO | SHUTTERSTOCK
There is a national debate on Kenya’s historical performance on tax collections as a percentage of the Gross Domestic Product (GDP). The general perception is that we are punching below our weight. The Government has embarked on a tax reform agenda as spelt out in the Medium-Term Revenue Strategy (MTRS) that is geared towards increasing domestic revenues.
The strategy is expected to yield additional resources that are critical to delivering the promises that the current administration made under the Bottom-up Economic Transformation Agenda.
