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Originally published by Nation Business
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business
August 1, 2026
15h ago

Fresh loans push Kenya's public debt stock to Sh12.82trn

Fresh loans push Kenya's public debt stock to Sh12.82trn

Kenya’s debt level currently stands at about 62 per cent of GDP...

✨ Key Highlights

Kenya's public debt has surged to Sh12.82 trillion as of June 2026, driven by new borrowings totaling Sh416.2 billion between January and April 2026. These funds were secured from multilateral lenders and commercial creditors to finance development projects and support the national budget.

  • Total public debt stock reached Sh12.82 trillion.
  • The National Treasury secured new loans and an International Sovereign Bond.
  • Borrowings include significant facilities for affordable housing, education, and budget support.

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