Angelica _ann wrote:For the quarter, so if they experience that through out the fiscal year, the deficit will be bigger. He was also talking like there is no hope on bridging the gap.
Those profits warnings had to show up in lower revenues sooner than later.
Since the government has a higher appetite to spend and wants to keep borrowing, they can forget meeting those ambitious targets they have been putting for Njiraini.
Do we need to pay McKinsey to tell us we lose revenues via collusion with KRA officials?
KRA wrote:The Treasury has hired international consultants, Mckinsey, to help it seal loopholes in tax administration it believes are denying the Exchequer billions of shillings every month.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.