N
Originally published by Nation Business
📰 Read Full Article
business
March 11, 2026
1mo ago

Kenya’s public debt shoots to Sh12.29trn

Kenya’s public debt shoots to Sh12.29trn

The amount includes Sh6.82 trillion borrowed from domestic lenders and Sh5.46 trillion from external lenders...

✨ Key Highlights

Kenya's public debt has surged to Sh12.29 trillion by December 31, 2025, marking a significant increase partly attributed to financing budget deficits and accumulated interest.

  • The public debt stock increased by 4 percent to Sh12.29 trillion from Sh11.80 trillion in June 2025.
  • The report was released by the Controller of Budget, Margaret Nyakang’o.
  • This debt level represents 67.8 percent of Kenya's GDP, exceeding Parliament’s approved threshold of 55 percent.

Continue Reading

Read the complete article from Nation Business

📰 Read Full Article

Part of the Day's Coverage

Kenya Public Debt Surges to Sh12.29 Trillion - March 2026

Kenya's public debt has surged to Sh12.29 trillion by December 31, 2025, marking a significant increase partly attributed to financing budget deficits and accumulated interest. SBM Bank Kenya has announced a significant financial turnaround, returning to profitability after a challenging year, posting a profit before tax of Sh614 million for the year ending December 31, 2025, a remarkable shift from a Sh1.6 billion loss in 2024. KCB Group has announced an 11 percent increase in net profit, reaching Sh68.4 billion for the year ending December 31, 2025, with growth driven by a significant rise in lending and overall revenues.

3 stories in this topic
View Full Coverage
Advertisement
Advertisement