kenya public debt Stories

Controller of Budget sounds alarm as Kenya's debt hits 67% of GDP
Maureen Kinyanjui  |  Dec 25, 2024

The current public debt currently stands at 67 per cent of GDP, amounting to Sh10.79 trillion as of September 30, 2024, a sharp increase from Sh10.58...

Kenya's public debt management system vulnerable to data breaches — Audit
Maureen Kinyanjui  |  Nov 19, 2024

The audit identified several IT control issues, including discrepancies between the closing balances reported in the Annual Debt Management Report and...

Treasury to cover costs of state-owned firms’ Sh266 billion loan defaults
Maureen Kinyanjui  |  Nov 14, 2024

The mounting defaults are raising concerns about the sustainability of Kenya's public debt, which now stands at Sh10.6 trillion.

Opinion: Scrutinising Kenya’s debt key in charting sustainable fiscal path
Mohammed Doyo  |  Jul 27, 2024

Kenya's public debt has ballooned from Sh2 trillion to over Sh10 trillion in a decade, pushing the debt-to-GDP ratio to a precarious 70 per cent.

Why economists think IMF's Kenya support plan is off target
Alfred Onyango  |  Jul 21, 2024

Push for increased revenue mobilisation has taken a hit on Kenya, resulting in the anti-tax protests.

LSK president declines Ruto appointment to task force auditing public debt
Barack Oduor  |  Jul 06, 2024

The lawyer's lobby declined the appointment noting that auditing public debt is a role designated by the constitution to the office of Auditor General...

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