Kenya’s total revenues for the 2024/25 financial year fell short of target, primarily due to an underperformance in ordinary revenue collections despite stronger ministerial receipts. This shortfall highlights ongoing fiscal pressures as the government aims to balance its budget and fund development priorities.

• Total revenue reached Sh2.92 trillion against a target of Sh2.99 trillion, resulting in a Sh67 billion shortfall.
• The National Treasury reported a Sh76 billion gap in ordinary revenue, which grew by only 5.7 percent.
• While Income tax missed its target by Sh32 billion, Import duty and VAT collections met or exceeded projections, with Import duty increasing by 17.3 percent to Sh157.1 billion.