Kenya currently has a narrow definition of public debt that covers only loans and government securities, including Treasury bonds and bills.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The World Bank Group has added Sh588 billion in securitised revenues and pending bills to Kenya’s debt stock, revealing a greater debt burden than that captured in official government data.
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Analysis shows that Kenya’s public debt remains sustainable but with high risk of debt distress.
The rise in debt comes even as the government has accelerated a series of liability management operations designed to smoothen…
Latest debt figures indicate government’s continued heavy reliance on domestic lenders.
Kenya’s public debt has hit Sh12.84 trillion, with Treasury outlining borrowing composition, controls, and progress on…
Official government data shows that Kenya's public debt is racing towards a record of Sh13 trillion.
A wider budget deficit signals increased borrowing because the government's spending has surpassed its revenues.
