KENYA’S DEBT POSITION TODAY

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

Leave a Comment

Your email address will not be published. Required fields are marked *

EXCELLENCE
wise money
toy ota
Velvex
Heri- good luck
FOR ADVERTISEMENTS, CONTACT 0722466950/+254722466950
Scroll to Top