Latest debt figures indicate government’s continued heavy reliance on domestic lenders.
Kenya’s public debt rose by Sh533 billion in the three months to March, underscoring the mounting financing needs facing the Treasury amid debt buybacks and refinancing operations.
Latest official data shows total public debt rose to Sh12.83 trillion at the end of March, up from Sh12.29 trillion in December, adding more than half a trillion shillings within a single quarter.
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The rise in debt comes even as the government has accelerated a series of liability management operations designed to smoothen…
Official government data shows that Kenya's public debt is racing towards a record of Sh13 trillion.
The government plans to use an extra Sh5 from the fuel levy as collateral to raise Sh120 billion for road projects, increasing…
Government bonds are generating yields of between 8.9 percent and 14.7 percent in the secondary market at the Nairobi bourse.
The government’s determination to widen the tax base reflects an attempt to curb excessive borrowing and restore fiscal stability.
At least 29 State-owned entities have applied to write off historical loans deemed unrecoverable, even as defaults rise and Kenya…
