Debt repayments gobble up 80pc of tax revenue

Author: businessdailyafrica.comPublished on: October 10, 2026Country: Kenya
Business & Economy
Debt repayments gobble up 80pc of tax revenue

Debt repayments are set to consume nearly 80% of the country's tax and government revenue in the fiscal year ending June 30, 2027. The National Treasury projects total debt service at 2.30 trillion shillings, representing 79.8% of ordinary revenue, up from 72.4% last year, tightening funding for public services and development projects.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox