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Originally published by Citizen DigitalSeptember 6, 2025
20h ago
Gov't borrowing Ksh.3.4 billion daily: MP Ndindi Nyoro claims

Gov't borrowing Ksh.3.4 billion daily: MP Ndindi Nyoro claims..
✨ Key Highlights
Kiharu Member of Parliament Ndindi Nyoro has heavily criticized the Kenyan government's increased reliance on securitization, calling it "borrowing by another name" and warning of its long-term financial implications for the nation. He highlighted the unsustainability of the current borrowing rate at a business expo in Nyeri County.
- The government is allegedly borrowing Ksh.3.4 billion daily, amounting to Ksh.140 million per hour.
- Kenya's public debt stands at over Ksh.12.1 trillion, with more than Ksh.3.5 trillion borrowed in the last three years alone.
- Concerns were raised about new securitized bonds, including Ksh.175 billion from Fuel Levy and Ksh.45 billion from the Talanta Bond, being pursued without adequate parliamentary oversight.
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