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Originally published by The Standard Business
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May 8, 2026
3w ago

Kenya to spend nearly half of budget on debt servicing

Kenya to spend nearly half of budget on debt servicing

Nearly half of the 2026/27 budget will be allocated to debt servicing, with taxpayers expected to cover Sh2.3 trillion in interest payments and debt redemption...

✨ Key Highlights

Kenya's government is set to allocate nearly half of its 2026/27 budget towards servicing its debt. This indicates a significant portion of national spending will be dedicated to financial obligations.

  • Taxpayers are expected to fund approximately Sh2.3 trillion in interest payments and debt redemption.
  • The National Treasury is responsible for these budget estimates.
  • The amount allocated for debt servicing is reportedly similar to that of the 2025/26 financial year.

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