Treasury doubles domestic borrowing to Sh138bn in July
The amount was 105.5 percent higher than the Sh67.26 billion borrowed in July last year, according to the latest National Treasury fiscal outturn...
✨ Key Highlights
The Kenyan government significantly increased its domestic borrowing in July 2026, raising Sh138.25 billion to meet its financial obligations as the new fiscal year began.
- The amount borrowed was a 105.5 percent increase compared to Sh67.26 billion in July 2025.
- This increased borrowing by the National Treasury is intended to cover spending needs and debt servicing, which stood at Sh113.75 billion in July.
- The Treasury plans to raise a total of Sh918.1 billion domestically for the full fiscal year and is exploring various debt instruments and market development measures.
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Senators Push for Six-Month National Oil Reserve - August 2026
Kenyan Senators are pushing for the establishment of a national strategic oil reserve to cover at least six months of the country's fuel consumption. The Senate Energy Committee has separately directed the Ministry of Energy and Petroleum to establish a digital system for real-time monitoring of fuel stocks within six months to enhance fuel security. At the same time, the Kenyan government significantly increased its domestic borrowing in July 2026, raising Sh138.25 billion to meet its financial obligations as the new fiscal year began.
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