Sauti Ya Bajeti - PFM Truth
Sauti Ya Bajeti - PFM Truth
February 21, 2025 at 02:15 PM
*Kenya’s Debt Transparency: What You NEED to Know!* Did you know? Kenya’s public debt is *Ksh 10.6 trillion—that's 65.7% of GDP!* *But how much do we REALLY know about the loans our government takes?* *The Good News* * Kenya has strong debt laws, publishes reports, and tracks debt with modern systems. *The Problem* * Key debt reports are often delayed or missing. * Details of major loans remain hidden. * Parliament doesn’t approve individual loan contracts—billions can be borrowed with zero oversight. *What’s the fix?* * Mandatory parliamentary approval for loans above Ksh 1B. * More timely & accessible reports in machine-readable formats. * Full disclosure of loan details—so taxpayers know what they’re paying for! For more details, read the full report here:https://ipfglobal.or.ke/wp-content/uploads/2025/01/State-of-Debt-Transparency-in-Kenya-FINAL-.pdf
❤️ 👍 11

Comments