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Reality dawns on Treasury over tax revenue targets

Earlier this month, Treasury took Sh130 billion from State Agencies to fund Big Four.

The National Treasury has been forced to eat humble pie, admitting for the first time that they have been pushing the revenue collection target to unrealistic levels.

Acting National Treasury Cabinet Secretary Ukur Yattani said they had since learnt from the years of revenue shortfalls that they have been setting targets too high.

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