Privatization Bill Passed as Public Debt Hits Sh12 Trillion - October 2025

Kenya's public debt has now reached Sh12 trillion. This new figure was reached after the state borrowed an additional Sh95.5 billion in just five months. The significant increase highlights the growing financial burden on the nation. Concurrently, the Privatization Bill 2025 has been passed by Kenya's National Assembly. The bill aims to provide a legal framework for converting State corporations into commercial enterprises. Its passage occurred despite opposition from some Members of Parliament regarding its hurried nature.