Ukur Yatani
File | Nation Media Group

Kenya’s debt expected to hit Sh22trn by 2030

What you need to know:

  • The parliamentary budget agency’s forecast is that public debt will account for 69 per cent of the GDP in the current FY.
  • By September last year, the public debt (Sh7.12 trillion) accounted for 65.6 per cent of the GDP.

Kenya’s public debt is growing at a rate that by far exceeds forecasts by Parliament and the Executive.

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