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November 20, 2025
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Treasury Announces Plans to Borrow Ksh1.02 Trillion Before 2027 Elections

Treasury Announces Plans to Borrow Ksh1.02 Trillion Before 2027 Elections

On Wednesday, Kiharu Member of Parliament Ndindi Nyoro challenged the government's growing borrowing, saying that at the current rate, President Ruto's regime is borrowing over Ksh3 billion a day...

✨ Key Highlights

The Kenyan Treasury has announced plans to borrow an additional Ksh1.02 trillion (approximately USD7.8 billion) before the 2027 General Elections to address a widening budget deficit and growing expenditure demands. This comes amid rising public debt levels, with total public debt reaching Ksh12.06 trillion as of September 2025.

  • The planned borrowing, equivalent to 4.9 percent of GDP, includes Ksh241.8 billion in net external financing and Ksh775.8 billion in net domestic borrowing.
  • Treasury Principal Secretary Chris Kiptoo highlighted the need for these funds to maintain fiscal stability and support critical sectors.
  • Funds will be allocated for hiring 20,000 intern teachers, a Ksh1.6 billion investment in teacher training, and the recent recruitment of 10,000 police officers.

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