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Originally published by Nation Newstop
August 2, 2026
23h ago
Revealed: Ruto regime's Sh3.5bn-a-day borrowing spree

Treasury records show the government contracted seven new foreign loans between January and April 2026...
✨ Key Highlights
Despite President William Ruto's austerity promises, the Kenyan government has borrowed an alarming Sh416.2 billion in the first four months of 2026, averaging Sh3.47 billion daily.
- The total public debt has now reached Sh13 trillion, a significant increase from Sh11.80 trillion in June 2025.
- This borrowing spree contradicts President Ruto's 2022 campaign pledges to reduce reliance on loans.
- The National Treasury is mandated by the Public Finance Management Act to report such borrowings to Parliament.
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