What exactly is the size of Kenya's public debt? According to the 2021 Budget Policy Statement, Kenya's public debt as of June 2020 stood at Sh7.06 trillion, which is equivalent to 65 percent of GDP.
In December 2020, the Treasury claimed that the figure was Sh7.2 trillion, which was 65.6per cent of GDP. So the Treasury is simply saying it only borrowed Sh200 billion in the first half of this year, which is not true.
