Treasury makes U-turn, pivots to local debt market

National Treasury

The National Treasury has put on a brave face with hopes that the KPC IPO will overcome all the legal hurdles to come through.

Photo credit: File | Nation Media Group

The Treasury has walked back on a plan to balance borrowing from domestic and external markets, signaling new realisation of the daunting task to get funding from outside.

In the annual borrowing plan for the 2025/26 fiscal year, Treasury plans to borrow 68.1 percent (Sh613.5 billion) of financing needs for the year locally and Sh287.4 billion (31.9 percent) from external markets.

PAYE Tax Calculator

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