Whenever Kenya’s budget season is brought to the fore, the phrase ‘medium-term revenue strategy’ is repeatedly uttered by policymakers, professionals, and the public during the debate and public participation on the proposed revenue-raising measures.
The Medium-Term Revenue Strategy (MTRS) is a policy framework for tax system reform aimed at boosting domestic revenues. Approved in 2024, the first MTRS covers financial years (FY) 2024-25 to 2026-27 and aligns with the Bottom-Up Economic Transformation Agenda.