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.