Kenya’s debt use questioned as recurrent costs take bigger share
Business
Kenya’s debt use questioned as recurrent costs take bigger share
According to the 2026 Annual National Shadow Budget, the government borrowed a net Sh1.03 trillion in the 2024-25 financial year, but only Sh582.9 billion was channelled towards development expenditure. This gap has sparked concern over whether borrowing is delivering meaningful long-term benefits.
By Maureen Kinyanjui