public debt Stories
The report, which reviews macro-economic performance for the six months to June, warns that optimism about the country’s growth prospects is fading.
The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...
Nyoro said the rapid borrowing, three times what was borrowed during President Mwai Kibaki’s entire 10-year tenure, risks destabilising the economy an...
The latest national budget review report by the Office of the Controller of Budget reveals that as of June 30, 2025, Kenya’s total public debt stood a...
This reliance has forced the National Treasury to roll over obligations repeatedly, creating a cycle where new borrowing is primarily used to pay off...
Treasury Cabinet Secretary John Mbadi said the government is seeking a cheaper facility to replace the existing loan and extend repayment terms.
Authority, and Lake Victoria North Water Works Development Agency each defaulted three times on loans of Sh2.79 billion, Sh2.5 billion, and Sh4.4 bill...
MPs expressed concern that public participation on the plan has not been adequately conducted, leaving many Kenyans unaware of the potential implicati...
Moody’s however warns that heavy reliance on domestic financing will keep debt affordability weak on rising rates despite improved domestic market con...
President William Ruto, who presided over the bell-ringing ceremony at the NSE on Wednesday, hailed the listing as a step towards reducing pressure on...
President William Ruto hailed the listing as a turning point in the country’s strategy to mobilise domestic capital for transformative projects while...
World Bank Country Director for Kenya, Qimiao Fan, emphasised that the sustainability of Kenya’s debt should not be judged only by the current numbers...
The petition seeks to hold President Uhuru and key officials in his administration legally liable for the Sh4.6 trillion debt accumulated between the...
The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...
The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish...
Senators, particularly, flagged Tharaka Nithi and Garissa counties, where long-overdue bills remain unsettled, despite repeated calls for accountabili...
According to Justice Bahati Mwamuye, the petition filed by Busia Senator Okiya Omtatah raises substantial questions of law.
MPs are dissatisfied with the explanation that the loan had been novated under provisions of the Public Finance Management Act.
Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...
National Treasury is now banking on the older law and the reactivated Privatisation Commission to raise Sh149 billion in the 2025/26 financial year.
According to data from the National Treasury, Sh851.42 billion of this amount will go toward domestic debt repayment, while Sh246.26 billion will be u...
Omtatah is asking the court to hold the former President and his administration personally liable for the debts and surcharge them under Article 226(5...
This historic review, the first of its kind since Independence, is set to provide a detailed breakdown of all debt accumulated by the government.
In his suit, Omtatah wants former National Treasury CS Njuguna Ndung’u, Controller of Budget Margaret Nyakang’o, and Auditor-General Nancy Gathungu to...
The cash goes straight to the roads board, which conducts maintenance of roads on behalf of the government. Ruto's government has also turned to China...
While admitting that Kenya has encountered fiscal challenges, the CS maintained that the nation’s debt position remains sustainable.
The court dismissed the application, stating that the government failed to demonstrate how its pending appeal would be undermined without the suspensi...
Omtatah says the Senate has been deliberately edged out of the national budgeting process, leaving legislators like him powerless.
Mbadi highlighted that the ongoing fiscal consolidation strategy aims to boost revenue while curbing excessive spending.
