KRA’s big task to raise Sh279b in two months - News Summed Up

KRA’s big task to raise Sh279b in two months


Kenya Revenue Authority offices at the One-Stop Border Shop (OSBS) at Taveta-Holili border point in Taita-Taveta County. [Renson Mnyamwezi,Standard]The Kenya Revenue Authority (KRA) is expected to collect Sh279 billion in two months to meet its target for the financial year. Tax revenue performance has been negatively affected by the Covid-19 pandemic, first recorded in the country in March last year. Take a surveyIn the 10 months to April 2021, total expenditure was Sh2.16 trillion against a budget of Sh2.94 trillion. During the period, ministries spent Sh826 billion on recurrent expenditure including salaries and other administrative costs against projected spending of Sh1.08 trillion.


Source: Standard Digital May 21, 2021 21:00 UTC



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