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Originally published by Standard Politics
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politics
October 8, 2025
6h ago

State borrows Sh95.5b in five months as public debt hits Sh12 trillion

State borrows Sh95.5b in five months as public debt hits Sh12 trillion

The four new loans translate to about Sh23.8 billion per month between May and August. The latest report was tabled in the National Assembly on October 7...

✨ Key Highlights

Kenya's public debt has reached Sh12 trillion after the state borrowed an additional Sh95.5 billion in just five months. This significant increase highlights the growing financial burden on the nation.

  • Total public debt now stands at a staggering Sh12 trillion.
  • John Mbadi, Cabinet Secretary for the National Treasury, was involved in discussions regarding budget implementation.
  • The additional borrowing of Sh95.5 billion occurred within a five-month period, accelerating the debt accumulation.

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