This archive report was first published on 21 December 2019.
As of December 21, 2019, the Kenya Revenue Authority (KRA) had collected over Sh628 billion for the first half of the 2019/2020 financial year.
This represents 36 per cent of the Sh1.7 trillion target set for the year, indicating the taxman could miss Treasury's collection targets.
According to the National Treasury, a total of Sh1 trillion out of the Sh2.6 trillion spending plan for the current financial year has been disbursed.
Of this, Sh389 billion has been released to various ministries and state departments - representing 40 per cent of the Sh1 trillion allocations for the current financial year.
The total development funds released in the first five months amounted to Sh90 billion, of the Sh477 billion approved disbursements.
Collection targets are likely to pile pressure on the taxman who has in the past year stepped up efforts to collect more revenue through prosecuting evaders.
Last year, KRA missed revenue collection targets by Sh100 billion, prompting Treasury to propose additional tax measures in the 2019/2020 Finance Bill.
These included a push to implement the Excise Goods Management System (EGMS) on bottled water, juices, energy drinks, soda, and other non-alcoholic beverages that came into effect last month.
