Alarm Bells Ring: Kenya's Public Debt Explodes, Nearing Sh12 Trillion

Published 7 months ago• 1 minute read

Pelumi Ilesanmi

Alarm Bells Ring: Kenya's Public Debt Explodes, Nearing Sh12 Trillion

Cabinet Secretary for the National Treasury, John Mbadi, made an appearance before the National Assembly's Education committee, a session chaired by Eve Obara, on July 24th, 2025. The meeting, held at the Mini-Chamber in County Hall, focused on two primary agenda points: a thorough consideration of budget implementation within the education sector and the Cabinet Secretary's mandate to respond to statements previously sought by Members in the House.

This significant parliamentary engagement by the Cabinet Secretary occurs amid increasing scrutiny of the Kenya Kwanza government's financial policies and borrowing trends. Recent official documents have brought to light substantial governmental borrowing, with revelations indicating that a considerable sum of Sh95.5 billion was borrowed in a span of just five months. This figure underscores the intensive financial activities and fiscal strategies being pursued by the current administration.