Sh12 trillion debt: State borrows Sh95.5b in five months

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...

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Kenya's national debt has reached Sh12 trillion, with the government borrowing an additional Sh95.5 billion in just five months.

The country's total public debt now stands at a staggering Sh12 trillion.
John Mbadi, the Cabinet Secretary for the National Treasury, addressed the National Assembly's Education committee regarding budget implementation.
This significant new borrowing of Sh95.5 billion occurred over a five-month period, highlighting accelerated debt accumulation.

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