Crisis, budget pressure as debt stock hits Sh11tn

MPs have warned situation wouldn’t get better, especially with debt service obligation set to increase to Sh2.47tr by June 2027.

by MOSES ODHIAMBO

News13 March 2025 - 04:58

In Summary

Latest disclosures by the National Treasury indicate the public debt stood at Sh11.02 trillion as of end of January this year (2025).
Domestic comprised of Sh5.93 trillion while foreign lenders were owed Sh5.09 trillion in the review period, translating to 65.7 per cent of gross domestic product.

The country’s debt crisis could be turning for the worse with new revelations indicating the stock is past the Sh11 trillion mark.

Latest disclosures by the National Treasury indicate the public debt stood at Sh11.02 trillion as of end of January this year.

Subscribe to Support

Independent Journalism

Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism. Join us today to make a difference!

Already Subscribed? Sign in