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Originally published by The Kenyan Wall Streetbusiness
October 9, 2025
20h ago
Currency Stability Lowers Kenya’s Debt Stock by KSh 41bn

Kenya’s debt dropped to KSh 11.77T in July 2025, the first fall this year, as the shilling’s gains trimmed external obligations by KSh 103B...
✨ Key Highlights
Kenya's total public debt saw its first monthly decline this year, dropping by KSh 41 billion in July 2025 to KSh 11.77 trillion, primarily due to exchange-rate gains that reduced the value of foreign obligations.
- Total public debt stood at KSh 11.77 trillion, equivalent to 66.9% of GDP as of July 2025.
- The National Treasury attributed the decline to the shilling’s appreciation against major global currencies like the euro, yen, yuan, and pound.
- External debt fell by KSh 103 billion to KSh 5.39 trillion, dominated by multilateral creditors such as the World Bank’s International Development Association (KSh 1.64 trillion) and the African Development Bank Group (KSh 543 billion).
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