National Treasury revenue collections have consistently fallen short of budgeted targets from 2020/21 to 2024/25.
In 2023/24, Sh2.29 trillion was collected against a Sh2.97 trillion target. The 2024/25 forecast shows some improvement, but a Sh0.5 trillion gap remains.
This pattern reflects challenges in tax collection, economic fluctuations, and ambitious budget projections.
As public debt grows and service delivery faces pressure, addressing this revenue gap is important.
Strengthening fiscal planning through transparent reforms, a broadened tax base, and realistic forecasting is key to Kenya’s future economic stability.