government borrowing Stories

Government overshoots domestic borrowing target by Sh591 billion, squeezing households, businesses
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...

Treasury CS Mbadi says Kenya will not halt borrowing despite Sh11.2 trillion debt
Treasury CS Mbadi says Kenya will not halt borrowing despite Sh11.2 trillion debt
Lucy Mumbi  |  Mar 20, 2025

Kenya’s debt-to-GDP ratio stood at 65.7 per cent as of June 2024—well above the 55 per cent sustainability threshold.

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