Oct. 13 (Bloomberg) -- Kenya’s customs income will probably increase this year because of the depreciation of the shilling, Michael Waweru, the commissioner general of the Kenya Revenue Authority.
Customs income accounts for 37 percent of the East African nation’s total revenue, Waweru told reporters today in Nairobi, the capital.
Kenya’s shilling is the worst-performing currency against the dollar this year, losing 22 percent, according to data compiled by Bloomberg.
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