Kenya’s debt is approximately KSh 11.81 trillion, with a significant portion being domestic debt at 53% of the total. This high debt level is raising concerns about the country’s fiscal sustainability, as evidenced by a high debt-to-revenue ratio of 67.1% (as of May 2024) and a debt-to-GDP ratio of 67.4% (as of December 2024), which exceeds the IMF’s recommended threshold. Experts are calling for urgent reforms in debt management and financial accountability, noting that the debt’s impact is affecting critical sectors like health, education, and social protection.Â
