Kenya Revenue Authority must shed old ways if it’s to meet revenue targets

Members of the public queue outside the Kenya Revenue Authority office in Nyeri in June last year ahead of the deadline to file their tax returns [Kibata Kihu, Standard]

NAIROBI, KENYA: Kenya Revenue Authority (KRA) targets to generate adequate revenue for the Government without resulting in budget deficits.

The big question is, how? This question is particularly relevant ahead of this week’s national budget speech. Funding a budget of over Sh3 trillion is a huge ask and resorting to borrowing and grants can only get us so far. In fact, KRA targets to collect Sh1.7 trillion in the 2018/19 financial year.