Kenya Revenue Rises but Falls 58.2 Billion Shillings Short of Target
Ordinary revenue rose 14.4% in the first fiscal quarter, but failed to reach the target set by the Treasury.
English coverage and data for Trésor national du Kenya.
Ordinary revenue rose 14.4% in the first fiscal quarter, but failed to reach the target set by the Treasury.
The Treasury expects 2,301 billion shillings in debt service for the financial year ending June 2027, compared with 1,875 billion a year earlier.
The company says the loan and the proposed conversion of 122 billion shillings of debt remain subject to final agreements, shareholder approval and the authorities' approval.