The Kenya Revenue Authority (KRA) is implementing strategic measures to ensure that there is sustainable revenue collection by modernising its operations, a move which will see them meet revenue targets.
KRA Commissioner General Humphrey Wattanga said that they have established a strong foundation for sustainable revenue collection as shown by their consistent growth trajectory. "Our revenue collection has revealed remarkable resilience growing from Sh1.58 trillion in the Financial Year (FY) 2018/2019 to Sh2.407 trillion in the FY 2023/2024 which marks a significant 11.1% growth rate," said Wattanga.
He highlighted that they have implemented several strategic initiatives to ensure that they maintain a steady momentum in revenue collection which include leveraging on disruptive technology to deliver tools that enable market-customized solutions.
According to Wattanga, these solutions have highly simplified tax processes, facilitated trade and enhanced voluntary compliance. "KRA has developed and launched 'GAVA Connect,' an innovative Application Programming Interface (API) platform designed to empower Information Technology (IT) developers and young Kenyan techies to create home-grown solutions that address local needs," he said.
