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October 7, 2025
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Kenya’s Public Debt Hits Ksh 11T as Govt Spends Ksh 4.71B Daily on Repayment

Kenya’s Public Debt Hits Ksh 11T as Govt Spends Ksh 4.71B Daily on Repayment

The debt is owed to both domestic and foreign lenders including the World Bank, AfDB and Eurobond holders...

✨ Key Highlights

Kenya's public debt has soared to Ksh 11.81 trillion, or 67.8% of GDP, with the government spending an average of Ksh 4.17 billion daily on repayments during the last fiscal year. Treasury CS John Mbadi revealed that Ksh 1.72 trillion was spent on debt servicing in 2024/2025, comprising Ksh 1.14 trillion to domestic lenders and Ksh 579 billion to external creditors.

  • Total public debt: Ksh 11.81 trillion (67.8% of GDP)
  • Daily debt repayment: Ksh 4.17 billion
  • Key figure: Treasury CS John Mbadi
  • Debt servicing for 2024/2025: Ksh 1.72 trillion
  • Future borrowing strategy: 75% domestic, 25% external concessional loans

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