Ukur Yatani

National Treasury Cabinet Secretary Ukur Yatani  (left) and his Chief Administrative Secretary Nelson Gaichuhie during the Budget and Appropriations Committee meeting at Boma Hotel, Nairobi  on March 1, 2021.

| Diana Ngila | Nation Media Group

Uproar as Kenya’s debt to hit Sh10.6 trillion by 2025

What you need to know:

  • By the end of November last year, the total public debt stood at Sh7.2 trillion.
  • CS Yatani has defended the excessive borrowing on shrinking revenues in the wake of the Covid-19 pandemic.

The National Treasury is getting ready to present its request to Parliament to increase Kenya’s debt ceiling above Sh9 trillion, even as Kenyans protest Jubilee administration’s insatiable appetite for loans.

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