A grim picture of our country's financial situation is painted by recent data from the Central Bank of Kenya (CBK). Our cumulative revenue growth for the first five months of the 2024/25 financial year is a meagre 1.1 percent.
This weak growth and the Treasury report from November, which showed domestic borrowing at Sh359 billion (43 percent of the target), indicate that we are in a risky cycle of borrowing to cover necessities.
