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 biggest blow to revenue is expected from income tax, with the Treasury having lowered expected collections by Sh78.6 billion,…
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,…
Revenue shortfalls and higher spending have become a common feature of government budgets.
Receipts into the Consolidated Fund rose 16.7 percent to Sh3.21 trillion in the first nine months of the financial year.
A wider budget deficit signals increased borrowing because the government's spending has surpassed its revenues.
