KRA tax collections fall 15pc despite easing lockdown

Treasury Secretary Ukur Yatani. FILE PHOTO | NMG

Kenya Revenue Authority’s (KRA) tax collections for the two months to August dropped 15 percent to Sh188.08 billion, reflecting sluggish economic performance after easing Covid-19 lockdown restrictions.

Latest data by the National Treasury shows that tax collections dropped by Sh33.27 billion in the two months from Sh221.35 billion in similar period last year.

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