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Originally published by The Standard Business
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November 3, 2025
7h ago

Domestic loans now dominate Kenya's Sh12 trillion public debt

Domestic loans now dominate Kenya's Sh12 trillion public debt

Kenya’s public debt rose to Sh12.05 trillion by the end of September 2025, heightening concerns over the country’s debt sustainability and its growing reliance on domestic borrowing...

✨ Key Highlights

Kenya's public debt reached a record Sh12.05 trillion by the end of September 2025, with domestic borrowing now accounting for the majority of the debt, raising significant concerns about the nation's debt sustainability.

  • Total public debt stands at 67.3 per cent of GDP, or $93.27 billion.
  • Domestic debt makes up 55.3 per cent (Sh6.66 trillion) of the total, while external debt is 44.7 per cent (Sh5.39 trillion).
  • The National Treasury’s Debt Management Office released the fresh data.

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