The Treasury netted Sh78.54 billion in non-tax collections including surplus cash held by State corporations in the first-half of the current fiscal year, new data shows, partly easing the government’s cash flow challenges.
Latest exchequer data by the Treasury shows the amount surrendered by the State firms in the July-December 2019 widow was nearly double what was realised over a similar period a year earlier — also raising hope of lowering the government’s cost of borrowing.
