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Originally published by The Standard Business
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July 29, 2026
4h ago

Auditor General, budget boss flag growing appetite for public debt

Auditor General, budget boss flag growing appetite for public debt

The Auditor General and Controller of Budget have raised concern over the escalating debt burden in the country, amid the Government’s growing reliance on borrowing to finance its budget...

✨ Key Highlights

Kenya's Auditor General and Controller of Budget have expressed significant concerns regarding the nation's mounting public debt and increased reliance on borrowing to fund the budget.

  • The Auditor General, Nancy Gathungu, highlighted emerging and often hidden forms of debt, such as the securitisation of revenues, which are not typically included in public debt figures.
  • Key entities involved include the Office of the Auditor General and the Office of the Controller of Budget.
  • A notable detail is the inclusion of contingent and pension liabilities as potentially uncounted debt, raising questions about the true extent of the country's financial obligations.

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