Kenya's public debt rises to Sh12.82 trillion as loan repayments consume 71% of revenue

Kenyas public debt has risen to Sh12.82 trillion, with loan repayments now consuming 71 percent of all government revenue, leaving only 29 percent to finance salaries, public services and development projects, Controller of Budget Margaret Nyakango has told Parliament. Appearing before the National Assemblys Public Petitions Committee on Tuesday, Nyakango warned that the countrys growing [...] The post Kenyas public debt rises to Sh12.82 trillion as loan repayments consume 71% of revenue appeared first on Kahawatungu.