Business Daily·4 min read·hard
Treasury lowers tax target by Sh81bn after growth cut
C
Constant Munda
✦AI Summary
The Kenyan National Treasury has lowered its tax revenue target by Sh81.4 billion for the 2026/27 financial year due to slower economic growth. The adjustment reflects weaker corporate and income tax collections amid global economic pressures and potential domestic weather risks.
The National Treasury has cut its tax revenue target for the current financial year ending June by Sh81.4 billion, signaling weaker-than-expected collections from corporate and workers' earnings.
businesseconomy
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