The Standard | by Henry Githaiga
Kenya’s income from sources other than tax more than doubled in the first quarter of this financial year (FY) compared to a similar period in the FY2018/2019.
This is as tax revenue fell 14.6 per cent, attributed to the hit by the Covid-19 pandemic that plunged Kenya into recession levels last seen 60 years ago.
The increase in non-tax revenue by Sh12.7 billion to stand at Sh24.9 billion as of end of September highlights government’s pressure to rely on other revenue sources such as income from parastatals…
