Missed revenue targets offer sobering lessons

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). FILE PHOTO | NMG

Kenya’s missed revenue targets despite higher taxes offer sobering lessons for policy makers.

It’s not surprising to any Kenyan that their buying power has significantly been eroded in the past few years. The cost of almost everything has gone up and it is weighing heavily on many pockets.

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