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Originally published by Capital Newstop
November 19, 2025
3h ago
Treasury blames missed revenue target on ordinary revenue dip
The Kenya Revenue Authority missed its Q1 2025/26 revenue target by Sh90 billion, forcing the National Treasury to warn of widening fiscal pressures, declining ordinary revenues, and a growing budget deficit...
✨ Key Highlights
The Kenya Revenue Authority (KRA) missed its revenue target by Sh90 billion in the first quarter of the 2025/26 financial year, leading the National Treasury to warn of strained fiscal operations and a widening deficit due to a sharp decline in ordinary revenue collection.
- KRA collected Sh657.17 billion between July and September 2025, against a target of Sh707.03 billion.
- Treasury Principal Secretary Chris Kiptoo attributed the underperformance to shortfalls in ordinary revenue and various tax heads.
- The fiscal deficit in the first quarter rose to Sh280.4 billion, exceeding the targeted Sh189.5 billion.
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