Kenya’s domestic debt hits Sh1.91trn amid budget deficit

Treasury secretary Henry Rotich. Kenya’s total public debt is Sh3.7 trillion. PHOTO | FILE

Kenya’s domestic debt has risen to Sh1.91 trillion as the government continues relying on the local market to finance a large budget deficit.

Latest public debt data published by the Central Bank of Kenya (CBK) shows the stock of government domestic debt has risen by Sh100 billion since the beginning of the current fiscal year, having stood at Sh1.81 trillion on July 1.

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