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Kenya’s Revenue Collection Leaps 19% to $1.1bln in July

New tax measures and higher economic output in Kenya have driven the government’s revenue collection by 18.7% to 155.06 billion shillings ($1.07 billion) in July 2023, compared to 130.6 billion shillings a year earlier.

The Kenya Revenue Authority’s collection jumped following the doubling of value-added tax (VAT) on fuel to 16% from July 1.

Source: Zawya

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