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Originally published by Capital Business
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business
June 10, 2026
2h ago

Nearly half of Govt revenue spent on debt servicing, CoB reports

Nearly half of Govt revenue spent on debt servicing, CoB reports

NAIROBI, Kenya, Jun 10 - More than four out of every ten shillings received by the government in the first nine months of the 2025/26 financial year went Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Controller of Budget (CoB) has reported that nearly half of Kenya's government revenue during the first nine months of the 2025/26 financial year was allocated to servicing public debt, amounting to Sh1.35 trillion.

  • Debt repayments constituted nearly 87 percent of the Consolidated Fund Services (CFS) expenditure, which totaled Sh1.55 trillion.
  • The country's public debt stock has climbed to Sh12.82 trillion, 69.9 percent of GDP, significantly exceeding Parliament’s recommended threshold of 55 percent.
  • The report also highlights persistent challenges with Sh465.87 billion in pending bills, impacting service delivery and project implementation.

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