President William Ruto on Tuesday announced that some taxes will be reduced in the 2023-24 budget.

During the release of the performance contracting report held at KICC, Ruto said some of the taxes are impunity and encourage more dodging than paying and non-compliance.

"I have instructed the National Treasury to look at all the taxes, and have a look at them for a review in the coming financial year," he said.

Although the President indicated that the taxes will be decreased from all government employees, citizens, and partners, it is unclear from which categories they will be reduced.

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A day earlier, the Kenya Revenue Authority reported that as of the end of March 2023, it had collected up to Kes1.554 trillion.

"As at the close of March 2023, revenue collection averaged 95.1 per cent on original target and 93.4 per cent on Supplementary target, representing a collection of Kes1.554 trillion," the KRA statement reads.

Accordingly, KRA's revenue increased by 8% from the previous fiscal year.

KRA added that it has invested in cutting-edge technology, which effectively serves as the system for collecting and distributing money from sources to the Exchequer.