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Originally published by The Standard Business
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August 28, 2026
1h ago

Kenya's debt pile hits Sh13 trillion as borrowing draws scrutiny

Kenya's debt pile hits Sh13 trillion as borrowing draws scrutiny

Kenya faces a deep financial crisis as public debt hit Sh13.08 trillion in June, raising concern from both oversight bodies and political figures about how the government borrows and accounts...

✨ Key Highlights

Kenya is facing a significant financial crisis as its public debt has surged to Sh13.08 trillion as of June, sparking concerns over the government's borrowing practices and accountability.

  • Kenya's public debt reached Sh13.08 trillion in June.
  • Concern has been raised by oversight bodies and political figures, including Dr Samuel Kinyanjui of the AIDS Healthcare Foundation (AHF).
  • Dr Kinyanjui described the situation as a daily "bleeding of money" and an "extraction system built by forces without public input."

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