Treasury figures show Kenya’s debt at Kshs 5.95 trillion

Just how high will Kenya’s debt rise is a question that continues to permeate the public space with the country’s debt now staring at the 6 trillion figure. Statistics from the National Treasury indicates that as of the end of August the country’s total public debt now stands at 5.95 trillion shillings. Macroeconomist Steve Biko says the government needs to freeze non-critical expenditure and stop further borrowing to minimize the impact of a recession.