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{
    "id": 1355170,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1355170/?format=api",
    "text_counter": 304,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": "Hon. Temporary Speaker, the other issue that confront us as we work on this Supplementary Estimates I is this: You know we had challenges implementing the Finance Act of 2023 with all the cases that went to court. That, in a way, impacted our revenue collection. You remember the Kenya Revenue Authority (KRA) had already reported that they had a shortfall of about Ksh79.3 billion on revenue turnovers within the first quarter from July, August and September 2023. I am glad to note that all the revenue streams and tax incomes the KRA collects be it VAT on fuel, Excise Duty or Income Tax, and are now performing from October… I was happy to note in one of the reports by the KRA that taxes, especially around fuel, are now performing at almost 106 per cent above target. If it progresses the same way, there is hope that we shall catch up with revenue estimates. It is surprising that some have argued that our taxation on fuel has discouraged Kenyans from consuming fuel. Estimates and data coming from the Energy and Petroleum Regulatory Authority (EPRA) and the KRA will shock them. Surprisingly, the consumption of fuel in this country has, indeed, done the opposite. The consumption of fuel has gone up. That is why even revenues from the consumption of fuel are performing. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}