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Originally published by Kenyanstop
December 2, 2025
2h ago
World Bank Highlights How Kenya Can Lower Debt
World Bank reveals debt servicing now consumes more than a third of government revenue, crowding out critical development spending...
✨ Key Highlights
A recent World Bank report released on Tuesday, November 2, 2025, warns of Kenya's surging debt but offers recommendations to address the issue, projecting a potential reduction in the debt-to-GDP ratio if reforms are implemented.
- Kenya's debt-to-GDP ratio has reached nearly 68 percent, with debt servicing consuming over a third of government revenue.
- The World Bank recommends tackling corruption, which could lower the debt-to-GDP ratio by more than 15 percentage points.
- Other key reform areas include strengthening governance, creating a competitive private sector, reducing risks from state-owned enterprises, retargeting subsidies and exemptions, and transforming urban fiscal policy.
- If reforms are implemented, Kenya's debt-to-GDP ratio could fall to about 44 percent by 2035.
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