Inside the State's Sh9 billion plan to fight drought

The Kenyan government has launched a comprehensive Sh9 billion plan to combat the severe drought affecting at least 23 counties, impacting over 3.3 million people.

The bold standard: state buffet millions

Govt Borrows Ksh290 Billion in Rush to Beat Debt Deadline

Kenya has successfully borrowed Ksh290 billion ($2.25 billion) from international markets through a new Eurobond issuance to refinance existing debts maturing in 2028 and 2032, and to bridge the budget deficit. This move aims to ease pressure on the country’s debt repayments amidst improving global borrowing conditions.

Ruto pitches Sh5 trillion debt-free fund to foreign diplomats

President William Ruto has asked diplomats and international investors to back Kenya's Sh5 trillion ($40 billion) National Development Plan. He proposed establishing funds to finance major infrastructure and social programs without increasing debt or taxes.