Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 

Kenya’s domestic debt has surpassed Sh6.2 trillion, a significant increase from Sh4.4 trillion when President William Ruto’s administration took office in September 2022. This 41% rise over approximately two and a half years underscores the government’s growing reliance on local borrowing to finance its budget deficits. The shift towards domestic borrowing is attributed to reduced access to .......