Tag Archives: public debt

Why Kenya’s World Bank Debt Fell Despite New Borrowing

Kenya’s outstanding debt to the World Bank fell to Sh1.728 trillion in March 2026, down from Sh1.964 trillion recorded in both September and December 2025, according to data from the National Treasury. The figures show a gradual decline in the country’s obligations to the lender after the debt reached a …

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G7 Endorses Ruto’s Push for Fairer Global Lending

President William Ruto’s push for reforms in the global financial system received a significant endorsement after G7 leaders backed efforts to create a fairer, more efficient, and development-oriented international financing framework. In a joint declaration on international partnerships, G7 nations together with partner countries, including Kenya and South Korea, acknowledged …

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