Public debt in the local market grew 5.8 percent during the fiscal year that ended last month with new borrowings hitting Sh577 billion, up from Sh545.2 billion acquired in a similar period the previous year.
Fresh data from the Central Bank of Kenya (CBK) shows the new borrowing took the country’s domestic debt stock to Sh5.41 trillion as at the end of June 2024, up from Sh4.832 trillion at the end of June last year.
