Kenya’s net capital outflows quadrupled to KSh 217.6 billion in 2023, as significant capital moved into offshore financial centers, despite a 28.8% decrease in foreign inflows. This surge highlights Kenya’s increasing role as a capital exporter, with the Isle of Man absorbing nearly a quarter of these transfers.

• Total outflows of foreign assets rose 42.8% to KSh 350.5 billion, with the Isle of Man receiving 22.8%.
• Other significant destinations for outflows included Hong Kong, Mauritius, the United Kingdom, South Africa, and Rwanda.
• The total stock of foreign assets climbed 36.8% to KSh 834.2 billion, with more than half held in regional neighbors like Uganda, Ethiopia, Tanzania, and the Democratic Republic of Congo.
• Kenya's assets in the Isle of Man dramatically increased more than sevenfold to KSh 79.8 billion.

Parliament is debating a bill that would alter how the proceeds from Kenya's aviation levy are distributed, extending the beneficiaries to include the Tourism Fund and the Kenya Meteorological Service Authority, alongside the existing recipients. The Air Passenger Service Charge (Amendment) Bill, 2025 aims to streamline tourism financing and ensure critical meteorological services for aviation safety are adequately funded.

• The aviation levy includes a US$ 50 international and KSh 600 (US$ 4.70) domestic ticket fee.
• Majority Leader Kimani Ichung’wah tabled the bill, emphasizing the need for sustainable financing and eliminating duplication.
• The bill has cleared its second reading and will now proceed to the committee stage for further examination.

Kenya’s Treasury Cabinet Secretary, John Mbadi, has warned that escalating fiscal pressures and climate vulnerabilities could undermine the nation's projected economic growth of 5.3 percent. These risks, including extreme weather events and global economic disruptions, threaten to derail an otherwise promising recovery, despite resilient sector performance.

• Kenya's public debt is estimated at 65–68 percent of GDP, exceeding the sustainable threshold of approximately 55 percent.
• Treasury Cabinet Secretary John Mbadi highlighted the risks during the launch of the FY 2026/27 budget process.
• Public debt servicing obligations are projected to surge from Sh495 billion in 2025 to Sh822 billion in 2026.