*Kenya Plans to Borrow More from Abroad After a Year of Borrowing Less* As of April 2025 with two months left in the 2024/25 financial year Kenya had borrowed: KSh 732 Billion from domestic sources KSh 314 Billion from foreign external lenders Compared to FY2023/24, this shows a clear shift Local borrowing went up by 22% Foreign borrowing went down by 38% But in the new 2025/26 budget just announced, things are changing again The government now plans to borrow KSh 635.5B from foreign lenders And only KSh 287.7B from local sources So after a year of pulling back from foreign loans, the government is now planning to borrow more from external lenders to help fund its KSh 4.29 trillion budget. Source: https://x.com/KeTreasury/status/1933157002504478870?t=gMQ_5WbShhjBy_TVIjMg1w&s=19