Kenya has secured a new $1.5 billion (Sh193.5 billion) Eurobond, despite warnings from economists that this strategy of borrowing to repay old debts could exacerbate the nation's financial woes rather than resolve them. The National Treasury announced the successful issuance, framing it as a demonstration of smarter debt management.

• The new Eurobond amounts to $1.5 billion (Sh193.5 billion).
• The National Treasury is the key organization involved, with CS John Mbadi mentioned as Treasury CS.
• Economists caution that this approach may only delay a deeper fiscal crisis and increase the overall debt burden.