NAIROBI (Xinhua) --
Kenya plans to roll out new measures to boost tax
revenues, a senior official said Thursday.
Commissioner for Strategy, Innovation and Risk Management at the
Kenya Revenue Authority (KRA), said in a statement that the
Integrated Customs Management System (iCMS) will enable the
country to conduct cargo value benchmarking as well as uploading
of cargo import data from shipping manifest to prevent import
falsification, which results in tax revenue loss.
measures we hope to achieve consistent revenue growth by
ensuring more tax compliance,” Omar said.
Other tax and policy
reforms that have been instituted by the revenue agency include
deployment of modern cargo scanners at the main border points.
Omar said Kenya’s
tax revenue growth over the past decade has been commensurate
with prevailing economic indicators such as gross domestic
He noted that
revenue collection in 2016/17 financial year reached 13.6
billion U.S. dollars when compared to 12.1 billion dollars in
the previous financial year.
KRA said that in
2016/2017, Kenya’s Tax-to-GDP ratio stood at 17.1 percent, which
is among the highest in non-oil economies within Africa, and the
highest within the East African Community bloc where the average
stands at 14.8 percent.