Kenya tax revenue - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA misses first quarter revenue target by Sh58.2 billion

Sacco ReviewOctober 12, 202605 mins

KRA’s first quarter collections fell short of the Treasury target despite recording year-on-year growth. Higher government spending widened the fiscal deficit, putting pressure on plans to reduce borrowing. Stronger customs revenue offered relief as domestic taxes struggled to meet expectations. Kenya Revenue Authority (KRA) collections fell Ksh58.2 billion short of target in the first quarter…