
Kenya’s public debt has climbed to KSh 12.82 trillion, according to Auditor-General Nancy Gathungu, who appeared before the National Assembly’s Public Petitions Committee on Tuesday.
During her presentation, the Auditor-General highlighted the country’s rising debt burden, emphasizing the need for prudent financial management, greater accountability, and transparency in the use of public funds. She noted that effective oversight is crucial to ensuring borrowed resources are directed toward projects that deliver meaningful benefits to Kenyans.
The disclosure comes at a time when concerns over debt servicing, government expenditure, and the country’s fiscal sustainability continue to dominate national conversations. Economists have warned that increasing debt levels could place additional pressure on public finances if borrowing is not carefully managed.
Members of Parliament are expected to continue reviewing the country’s borrowing strategy and explore measures aimed at strengthening public finance management while safeguarding economic stability.
The latest figures are likely to fuel further debate among policymakers, stakeholders, and the public on Kenya’s economic future and the long-term impact of rising public debt.
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