public debts Stories

Treasury to spend Sh1.09 trillion on public debt in FY 2025–26
Maureen Kinyanjui  |  Jun 12, 2025

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...

Ruto’s administration withdrew Sh1.3 trillion manually in seven months - CoB
Lucy Mumbi  |  Mar 02, 2025

Treasury CS John Mbadi distanced his office from responsibility, saying individual accounting officers should explain why payments were processed manu...

National Treasury faces scrutiny over Sh161 billion debt repayment anomalies
Lucy Mumbi  |  Nov 28, 2024

Gathungu pointed out that her office was unable to obtain all the necessary documents to link the borrowed funds to specific projects.

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.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.