×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Read on the App

KRA's headache to raise Sh535b in 60 days amid weak economy

Taxman needs to collect Sh268 billion every month to hit Sh2.1 trillion target. [File, Standard]

The taxman is faced with the herculean task of collecting Sh535 billion in just 60 days, new data from the National Treasury shows.

This is to enable the government to hit its revenue target of Sh2.1 trillion for the current financial year ending June 30. Data released by Treasury on Friday, May 12, shows Kenya Revenue Authority had collected Sh1.57 trillion by the end of April.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in