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Originally published by Capital Business
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business
January 5, 2026
1d ago

Kenya’s debt-to-GDP ratio to decline slightly to 60.6pc by 2030

Kenya’s debt-to-GDP ratio to decline slightly to 60.6pc by 2030

NAIROBI, Kenya, Jan 5 - The government expects Kenya’s debt-to-GDP ratio to ease slightly to 60.6 percent by 2030, according to the draft 2026 Budget Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya's debt-to-GDP ratio is projected to slightly decrease to 60.6 percent by 2030, down from an estimated 63.2 percent this year, according to the draft 2026 Budget Policy Statement (BPS). This target remains above the country's sustainable debt threshold of 55 percent.

  • The World Bank previously warned that Kenya's public debt had reached 68 percent of GDP in December of last year.
  • The Government plans to implement fiscal consolidation and prioritize concessional borrowing to manage debt vulnerabilities.
  • President William Ruto previously faced public opposition leading to the suspension of tax increases in 2024.

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