QuidMetrics

Kenya's public debt set to grow 5.9% next fiscal year

The Treasury projects debt will rise by 1.3529 trillion shillings in the 2027/2028 fiscal year.

Kenya's Treasury expects public debt to increase by 1.3529 trillion shillings, equivalent to 5.9 per cent of gross domestic product, during the 2027/2028 fiscal year.

Rising debt levels could constrain government spending and affect economic growth, according to the Treasury.