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Originally published by Kenyanstop
March 12, 2026
3w ago
Treasury Given 60-Day Ultimatum on Loans and Securitisation

Kenya reportedly obtained high-interest loans at 14 per cent, while there existed cheaper options offering as low as 3 per cent...
✨ Key Highlights
The Kenyan Senate has given the National Treasury a 60-day ultimatum to disclose details of all recent loan agreements and securitisation plans, citing concerns over the nation's escalating debt.
- Kenya's national debt reached approximately Ksh12.2 trillion by December 2025.
- Key figures involved include the Senate Finance and Budget Committee Chairperson Ali Roba and Migori Senator Eddy Oketch.
- Senators are questioning the government's reliance on expensive commercial borrowing, with some loans reportedly secured at interest rates as high as 14 per cent.
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