KRA misses its half-year revenue collection target by Sh68 billion

Kenya Revenue Authority head office at Times tower in Nairobi. [Photo: Courtesy]

The Government is finding it hard to balance its books after Kenya Revenue Authority (KRA) missed its half-year revenue collection target by Sh68.3 billion.

The taxman collected Sh656.9 billion against a target of Sh701.7 billion in the period between July and December 2017, according to the National Treasury’s Post-election Economic and Fiscal report, meaning it was 6.8 per cent off-target.