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Blow for William Ruto's tax plan as KRA misses target by Sh43.2 billion

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President William Ruto during the 2022 Taxpayers' Day at the Kenyatta International Convention Centre, Nairobi on October 28, 2022. [PCS]

New data shows that tax collection in the six months of the current financial year fell short of the new government's target by Sh43.2 billion. This deals a major blow to President William Ruto's revenue collection plan to fund his costly campaign promises.

The Kenya Revenue Authority (KRA) collected a total of Sh985 billion between last July and December in taxes, falling short of the target of Sh1.028 trillion that the National Treasury had set for the period.

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