Debt hits Sh5.4trn as Treasury takes Sh2bn loans daily

Treasury Cabinet Secretary Henry Rotich and Treasury's director of budget Geoffrey Mwau at a past event. FILE PHOTO | SALATON NJAU | NMG

The Treasury borrowed an average of Sh2.1 billion every day, racking up Sh126.4 billion in loans between January and February and raising Kenya’s total debt load to Sh5.4 trillion.

Latest debt data published by the Central Bank of Kenya (CBK) shows that domestic debt rose by Sh142.6 billion to Sh2.692 trillion in the period, while external debt contracted by Sh22 billion to Sh2.707 trillion.

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