Kenya's public debt has surged past the Sh12 trillion mark under President William Ruto's administration, raising concerns among critics and economists who note a lack of visible projects to justify the increased borrowing.

• The national debt has now exceeded Sh12 trillion.
• Controller of Budget, Margaret Nyakango, appeared before the parliamentary Committee on Budget and Appropriation on September 3, 2025.
• Economists and critics express concern over the absence of tangible projects despite the significant increase in borrowing.