Ndindi Nyoro sounds alarm on Kenya’s spiralling debt

Kiharu MP Ndindi Nyoro warns that Kenya could borrow up to Sh1.5 trillion this financial year, cautioning over rising debt levels and increased refinancing pressure. /SCREENGRAB

Kiharu MP Ndindi Nyoro has warned that Kenya could borrow up to Sh1.5 trillion in a financial year, cautioning that the country’s borrowing trajectory is increasingly being driven by new debt and refinancing of existing obligations.