Kenya's National Treasury has defended the nation's economic resilience and debt strategy before the Senate, attributing its performance to ongoing public finance reforms.

• Kenya's economy expanded by 4.6 per cent in 2025, with total public debt reaching approximately Sh12.842 trillion (69.49% of GDP) as of February 26, 2026.
• Treasury Cabinet Secretary John Mbadi presented the defense, highlighting positive growth across key sectors despite global and domestic challenges.
• The Treasury also detailed progress in implementing Kenya Vision 2030, including advancements in education, health (transition to SHA), and affordable housing, alongside strengthened electronic procurement systems.

Kenya anticipates potential relief from high fuel prices following Iran's agreement to reopen the Strait of Hormuz under a U.S.-brokered ceasefire deal. This significant development eases concerns over global oil supply disruptions.

• The Strait of Hormuz, a critical energy corridor, handles approximately 20% of global crude oil supplies.
• The reopening is particularly beneficial for Kenya's government-to-government fuel program, which relies on supplies from nations like Saudi Arabia and the United Arab Emirates.
• Pakistan Prime Minister Shehbaz Sharif announced the electronic signing of the "historic Islamabad Memorandum of Understanding" between the United States and Iran.

The Kenya Shilling is expected to strengthen further as Kenyan traders increasingly utilize the Chinese yuan over the U.S. dollar in trade with China.

• China's removal of tariffs on imports from 53 African nations, effective May 1, is expected to accelerate trade and yuan transactions.
• Key organizations involved include local international banks issuing yuan-denominated letters of credit and the Central Bank of Kenya (CBK) projecting currency stability.
• A notable detail is Kenya's conversion of three Chinese railway loans from dollars to yuan, estimated to save approximately Ksh27.8 billion annually in interest costs.