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Originally published by The Standard BusinessSeptember 19, 2025
3h ago
Why global ratings agency is doubting Mbadi's debt strategy

Kenya’s growing debt has caught the eye of authorities including Controller of Budget...
✨ Key Highlights
Global credit ratings agency Fitch Ratings has expressed skepticism regarding Treasury Cabinet Secretary John Mbadi’s strategy to address Kenya's significant debt crisis, questioning the feasibility of the country's ambitious debt management operations. This assessment adds to growing concerns about Kenya's fiscal health.
- Concerns are raised by Fitch Ratings about Kenya's ability to implement its liability management operations successfully.
- Treasury Cabinet Secretary John Mbadi is at the center of the debt strategy under scrutiny.
- The assessment highlights increasing worries over Kenya’s fiscal well-being, placing the Treasury under increased scrutiny.
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