Treasury nets Sh25bn from State agencies

National Treasury building. FILE PHOTO | NMG

The Treasury in the last financial year collected Sh24.6 billion from State agencies and regulators against a target of Sh36.7 billion.

The Treasury blamed much of the shortfall on lower remittance by the Central Bank of Kenya (CBK), one of its largest contributors, which was expected to deliver Sh5.8 billion but only managed Sh800 million.

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