Yatani: Brace yourselves for tough times 

National Treasury CS Ukur Yatani

National Treasury Cabinet Secretary Ukur Yatani speaks during the launch of a Comprehensive Insurance Cover for Civil Servants and National Youth Service employee at Nairobi Serena Hotel on November 18, 2020.

Photo credit: Salaton Njau | Nation Media Group

What you need to know:

  • Mr Yatani said Kenya’s public debt stands at Sh7.2 trillion, about 71.2 per cent of the GDP.
  • IMF, the World Bank and the civil society have raised concerns about the continued piling of public debt.

National Treasury Cabinet Secretary Ukur Yatani has warned of tough times ahead that could lead to delayed disbursement of money for State operations as Kenya’s debt level hits Sh7.1 trillion.

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