News

 

Nairobi, 9th August, 2019

 

National Treasury Principal Secretary Dr. Julius Muia has called upon managers of all government entities to relook at their respective revenue collection strategies so that the country could surpass targeted revenue in the 2019/20 financial year.

 

Dr. Muia said that if all revenues due to the government were collected, the country could be saved from the burden of borrowing.

 

The Principal Secretary made the call today in his office when he received Commission on Revenue Allocation CRA commissioners led by Chairperson Dr. Jane Kiringai who paid him a courtesy call.

 

 

The Principal Secretary said that due to inadequate revenue, the National Treasury is currently working with government Ministries, Departments and Agencies (MDAs) to the revise the 2019/20 Budget to align it with the reality of available resources.

 

He asked the management of MDAs to urgently address wastages and particularly issues which give rise to pending bills.  ‘Pending bills eats into the budget hence impacts negatively on the planned development activities’ he noted.

 

Dr. Kiringai said that there is need for a national dialogue where all government players in the financial sector will candidly share the reality that the Country is not doing well in generating revenue.