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Treasury Cabinet Secretary John Mbadi said the reduced revenue targets consider the current economic situation. [File, Standard]
The National Treasury has cut its revenue collection target for Kenya Revenue Authority (KRA) for the next financial year, conceding that it has over the years set ambitious targets for the taxman that has in turn perennially missed the targets.
In the 2025 Budget Policy Statement (BPS), Treasury reduced the target for ordinary revenue to Sh2.835 trillion from the earlier target set in the draft BPS of Sh3.018 trillion.
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