Kenya seeks to boost tax collection to cut deficit

By Duncan Miriri NAIROBI (Reuters) - Kenya, whose budget deficit this fiscal year unnerved investors, is recruiting new taxpayers and investing in technology to boost collections, the head of its tax agency said on Tuesday. In a bid to reassure investors, East Africa's biggest economy aims to cut the deficit to 6.9 percent of gross domestic product in the fiscal year starting in July, from a forecast 8.1 percent for 2015/16. Kenya's tax collection stands at about 19 to 20 percent of GDP, more th