Treasury raises domestic borrowing target by Sh570bn

Treasury Cabinet Secretary John Mbadi.

Photo credit: File | Nation Media Group

The Treasury has expanded its domestic borrowing target by 52.29 percent or Sh570 billion in the current financial year ending June 30, signalling a further squeeze on households and businesses in the credit market.

Latest disclosures by the National Treasury show the government has increased its domestic borrowing target as of March 31, 2026, from Sh1.09 trillion to Sh1.66 trillion, of which Sh965.87 billion has already been tapped.

PAYE Tax Calculator

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