Kenya's Debt Hits Ksh13 Trillion as Treasury Spends Ksh716B on Repayments

Author: kenyans.co.kePublished on: October 27, 2026Country: Kenya
Business & Economy
Kenya's Debt Hits Ksh13 Trillion as Treasury Spends Ksh716B on Repayments

Kenya’s public debt reached Ksh13 trillion in June 2026, up from Ksh11.81 trillion a year earlier, according to the National Treasury. Treasury Principal Secretary Chris Kiptoo told a parliamentary committee that domestic debt made up 56% of the total and external debt 43.7%. External debt servicing required Ksh716.1 billion, including Ksh504.3 billion in principal repayments and Ksh211.8 billion in interest. National government revenue stood at Ksh3.1988 trillion, Ksh60.2 billion below target, as lawmakers voiced concern about increased reliance on domestic borrowing.

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The Université Nouveaux Horizons, the Carter Center and CREFDL presented an issue of the journal Sciences, technologie et société in Lubumbashi on 27 October 2026, examining mining royalties and extractive revenue management in the DRC. The publication aims to make research accessible to citizens, civil society groups and public decision-makers, informing debate on the transparency and effectiveness of extractive revenues. Fabien Mayani of the Carter Center described the initiative as combining scientific rigor with public outreach, backed by technical and logistical support from the organization. The research covers, among other topics, the 2018-2023 period and considers revenue management mechanisms and challenges in applying them.

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