Domestic Debt Stories

Kenya's domestic debt interest payments soar by Sh98 billion in a year
Lucy Mumbi  |  Sep 08, 2025

The Sh632.3 billion expenditure on interest payments between July 2024 and June 2025 eclipsed the Sh545.8 billion allocated to all development project...

Government overshoots domestic borrowing target by Sh591 billion, squeezing households, businesses
Lucy Mumbi  |  Sep 01, 2025

Net domestic borrowing closed the fiscal year 2024/25 at Sh854.5 billion, 3.24 times the initial target of Sh263.2 billion, as the State tapped local...

Kenya shifts to local borrowing as domestic debt hits Sh6.12 trillion
Maureen Kinyanjui  |  May 20, 2025

External debt during the same period rose marginally by Sh70 billion to Sh5.23 trillion.

Suppliers struggle as government debt soars to Sh706 billion
Maureen Kinyanjui  |  Mar 20, 2025

Among the worst-hit state departments is the National Youth Service under the State Department of Public Service, which owes Sh14.27 billion.

Government debt repayments jump by Sh68.7bn as interest costs soar
Lucy Mumbi  |  Mar 17, 2025

The sharp rise in domestic interest payments highlights the financial strain of borrowing from the local market as the government navigates rising deb...

Over half of Kenya’s revenue to be consumed by debt repayment, Treasury report says
Maureen Kinyanjui  |  Feb 19, 2025

Constitutional commissions such as the National Land Commission, the Salaries and Remuneration Commission, and the Commission on Revenue Allocation wi...

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