Kenya’s public debt grew by Sh228.96 billion during the first three months of the current fiscal year, raising the country’s indebtedness to Sh10.8 trillion as of September 2024 up from Sh10.6 trillion as at close of June.
Official data from the Central Bank of Kenya (CBK) shows that the 2.2 percent increase during the period, came in the quarter when there was a significant shortfall in tax collection by the Kenya Revenue Authority (KRA).
