Kenya’s debt stock now crosses Sh10trn mark

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

The stock of Kenya’s overall debt has crossed the Sh10 trillion mark on increased borrowing during President Willam Ruto’s first year in office, burdening the taxpayer with more repayment obligations.

New data from the Treasury and the Central Bank of Kenya (CBK) place Kenya’s debt stock at Sh10.189 trillion at the end of June 2023 in contrast to Sh8.579 trillion in June last year.

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Note: The results are not exact but very close to the actual.