Revenue collection shortfall forces govt to slash 2019-2020 budget by KSh 131 billion
- Treasury CS Yattani said the move will help the government avoid making decisions based on false assumptions
- The acting exchequer boss added the measure will go along way in helping Kenya Revenue Authority (KRA) set achievable targets
- KRA, which targets to net about KSh 1.9 trillion this fiscal year, will see its revenue collection target significantly reduced
The government has readjusted its 2019-2020 national budget by KSh 131 billion amid fears that the taxman will once again fail to hit its revenue target this fiscal year.
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