๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฆ๐ข๐ญ๐ฆ๐๐ง๐ญ ๐ฏ๐ฌ. ๐ญ๐ก๐ ๐ง๐ฎ๐ฆ๐๐๐ซ๐ฌ
Despite pledges to cut reliance on domestic debt, the FY 2026/27 financing plan tells a different story:
๐น 90% of the budget deficit will be financed domestically
Thus worsening the gap between promise to reduce heavy domestic borrowing and the practice..which has been crowding out the private sector.
Read more>>https://t.co/JpEKR1qh2h
#DebtontheBallotKE #KISP #IssueBasedPolitics
๐ฆ ๐๐๐ง๐ข๐๐๐ฌ๐ญ๐จ ๐ฉ๐ซ๐จ๐ฆ๐ข๐ฌ๐๐ฌ ๐ฏ๐ฌ. ๐๐๐ฎ๐๐ ๐๐ญ ๐๐๐๐ฅ๐ข๐ญ๐ฒ
The Kenya Kwanza Manifesto pledged to:
๐นRestore debt sustainability
๐นCut the fiscal deficit to 3% of GDP by FY 2026/27
However, this has been breached...
๐๐๐๐๐๐๐: The FY 2026/27 Budget projects a deficit of 5.5% of GDP (KSh 1.2 trillion) almost double the target.
The administration also pledged to cut reliance on domestic borrowing, citing its crowding out effect on private sector credit and higher borrowing costs. This has also been breached.
Read more>>https://t.co/JpEKR1qh2h
#DebtontheBallotKE #KISP #IssueBasedPolitics
๐๐๐๐ง๐ฒ๐'๐ฌ ๐๐๐๐ญ ๐ฌ๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐ฌ๐ข๐ ๐ง๐๐ฅ๐ฌ ๐๐ฅ๐ฅ ๐๐ฅ๐๐ฌ๐ก๐ข๐ง๐ ๐ซ๐๐
๐๐๐ซ ๐ญ๐ก๐ ๐๐๐๐:
๐น Present Value of public debt: 65.3% of GDP โ well above the 55% benchmark
๐น Present Value of external debt-to-exports: exceeded its threshold
๐น External debt service indicators: above sustainability limits
Projection: debt-to-GDP will stay above benchmark until at least 2029. Debt vulnerabilities aren't easing anytime soon.
Read more>>https://t.co/JpEKR1pJcJ
#DebtontheBallotKE #KISP #IssueBasedPolitics
๐ ๐๐๐ง๐ฒ๐'๐ฌ ๐๐๐๐ญ ๐๐๐๐ฅ๐ข๐ญ๐ฒ ๐๐ก๐๐๐ค
Current debt stock: KSh 12.96 trillion
๐น 70% of GDP
๐น ~KSh 237,000 per capita
This has sharply driven up debt servicing costs โ now at KSh 2.3 trillion, or 75% of ordinary tax revenue.
๐ Per the Auditor General (FY2024/25): a key driver is growing reliance on expensive domestic debt.
๐ Per Treasury's MTDS 2026: domestic debt costs substantially more than external debt.
#DebtontheBallotKE #KISP #IssueBasedPolitis
Read more>>https://t.co/JpEKR1pJcJ
๐ ๐๐ก๐๐ซ๐ ๐๐๐ง๐ฒ๐'๐ฌ ๐๐๐๐ญ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ ๐ฆ๐จ๐ง๐๐ฒ ๐๐๐ญ๐ฎ๐๐ฅ๐ฅ๐ฒ ๐ ๐จ๐๐ฌ
As at June 2026 Total debt stock amounted to KSh 12.96 trillion
๐น Domestic debt = 56% of the stock, but 70.6% of annual debt service payments
๐น External debt = 44% of the stock, but only 29.4% of debt service payments
Domestic debt is smaller in share, but costs disproportionately more to service.
Read more>>https://t.co/JpEKR1qh2h
#DebtontheBallotKE #KISP #IssueBasedPolitis
Has the government lived up to its pledge to slow the growth of Kenya's public debt?
Find out Kenya's debt status >>https://t.co/EzuQGgz1SZ
#DebtontheBallotKE#KISP#IssueBasedPolitics
๐ ๐๐ข๐ ๐ฒ๐จ๐ฎ ๐ค๐ง๐จ๐ฐ?
Kenya's stock of public debt has crossed ๐๐๐ก 12.9 ๐ญ๐ซ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.
It's more than a number. It affects the provision of public services education, healthcare, and more.
Read more>>https://t.co/JpEKR1qh2h
#DebtontheBallotKE #KISP#IssueBasedPolitis
๐ข ๐ ๐๐ก๐๐ญ ๐๐จ๐๐๐ฒ!
Join us at 2:00 PM (EAT) for a critical conversation on:
๐ท๐๐๐๐๐ ๐ซ๐๐๐, ๐ญ๐๐๐๐๐ ๐น๐๐๐๐ & ๐ฎ๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฒ๐๐๐๐ ๐ฐ๐ช
We'll unpack:
๐ฐ The state of Kenya's debt burden
๐๏ธKey Issues for 2027 Political Manifesto Debt
Bring your questions and join the discussion!
๐ ๐:๐๐ ๐๐ ๐๐๐ | ๐๐จ๐๐๐ฒ
Find out Kenya's debt status >>https://t.co/sgQJpCuaXu
#DebtontheBallotKE #KISP #IssueBasedPolitis
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My lord kiburi nataka this year ni kama ya KTN ๐คฃ๐คฃ๐คฃ๐คฃthey are ungovernable aaah give that son of Moi what he drinks on our bill๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃcz damn it...