Members of Parliament (MPs) have raised concerns that the National Treasury's heavy reliance on domestic borrowing is crowding out Kenyan businesses and households from accessing loans.

• The National Treasury is accused of pushing up interest rates by borrowing heavily from local banks.
• Members of Parliament are warning that this trend impacts affordability and availability of credit for businesses.
• The government's significant appetite for local debt is cited as the primary reason for banks prioritizing government securities over lending to the private sector.