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The Institute of Economic Affairs (IEA) has launched Kenya’s first real-time debt clock to provide immediate visibility into the nation's public debt and promote fiscal transparency. The IEA also launched a new digital platform, the Kenya Debt Counter, to monitor the country's escalating public debt amidst concerns that figures are being under-reported. In a related development, the Controller of Budget is advocating for the complete automation of Kenya’s public debt management system. This call for automation is intended to mitigate errors and improve oversight as a recent report highlights the country's rising debt servicing costs.
The Institute of Economic Affairs (IEA) has launched Kenya’s first real-time debt clock, aiming to provide immediate visibility into the nation's public debt. This initiative highlights the country's financial obligations and promotes fiscal transparency.
The Controller of Budget is advocating for the complete automation of Kenya’s public debt management system to mitigate errors and improve oversight, as a recent report highlights rising debt servicing costs.
The Institute of Economic Affairs (IEA) has launched a new digital platform, the Kenya Debt Counter, to monitor Kenya's escalating public debt. This initiative comes amidst increasing concerns that the country's debt figures are being under-reported.