National debt Stories

Kenya’s rollout of the system comes amid growing pressure for better public scrutiny of national debt, with many questioning the high cost of loans an...

According to Treasury data, the reduction is partly attributed to the ongoing settlements in the infrastructure docket.

The latest figures place the debt at 63 per cent of the country’s Gross Domestic Product (GDP), well above the recommended ceiling of 55 per cent.

China received more in debt payments than multilateral lenders, including the World Bank and the African Development Bank.