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Originally published by Capital News
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June 10, 2026
3h ago

Public debt hits Sh12.82 trillion, exceeds GDP threshold by 15 percentage points

Public debt hits Sh12.82 trillion, exceeds GDP threshold by 15 percentage points

Kenya’s public debt rose by 9 percent to Sh12.82 trillion by March 2026, exceeding Parliament’s 55 percent GDP threshold as debt repayments hit Sh1.35 trillion, according to the Controller of Budget...

✨ Key Highlights

Kenya's public debt has surged to Sh12.82 trillion as of March 31, 2026, a 9 percent increase in the first nine months of the 2025/26 financial year. This level significantly surpasses Parliament's recommended debt anchor.

  • Public debt stands at Sh12.82 trillion, exceeding the 55 percent of GDP threshold by 14.9 percentage points.
  • The Controller of Budget (CoB) released a report detailing the alarming rise in debt.
  • Concerns are mounting over increased reliance on spending outside approved budgets via Article 223 of the Constitution, which saw expenditures rise nearly sixfold to Sh276.99 billion.

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