Controller of Budget Warns Over Rising Public Debt - July 2026

The Controller of Budget has issued a stern warning regarding Kenya's increasing public debt, highlighting its detrimental impact on development funding. Separately, two top executives at Kenya Reinsurance Corporation have formally opposed a petition that calls for their removal, with the petition alleging serious misconduct including intimidation and financial impropriety. Additionally, investors have injected a staggering Sh181.4 billion into three-month Treasury bills over the past 10 weeks, presenting a short-term debt challenge for the National Treasury.