Ordinary revenue or taxes recorded the widest shortfall at Sh53.5 billion. Ordinary revenue collections totaled Sh2.587 trillion, which was below the target of Sh2.64 trillion.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The National Treasury recorded a wider Sh90.1 billion revenue miss in the fiscal year ended June 30, 2026, despite undertaking major cuts to its resources target for the period.
The KRA will likely record wider missed targets if the tax concessions are adopted without a reduced revenue outlook for the…
The deficit has persisted despite repeated promises of fiscal consolidation, reflecting insistent pressure from debt repayments,…
Receipts into the Consolidated Fund rose 16.7 percent to Sh3.21 trillion in the first nine months of the financial year.
Widespread opposition to tough taxation measures has shifted the responsibility for mobilising higher domestic revenues from the…
The bulk of measures contained in the Finance Bill, 2026, focus on reforms improving efficiency in tax collection, fairness in…
Previously, Finance Bills relied on measures such as higher excise duty on products like alcohol, cigarettes, confectionery,…
