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Home»Business»Report: Public debt payments starving hospitals and schools
Business

Report: Public debt payments starving hospitals and schools

By By Brian NgugiOctober 22, 2025No Comments2 Mins Read
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Report: Public debt payments starving hospitals and schools
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John Mbadi Cabinet Secretary, The National Treasury and Economic Planing chats with The Controller of Budget Margaret Nyakang’o during 2025 medium term debt management strategy (MTDS).[Wilberforce Okwiri,Standard]

Kenya is now spending more money to service its public debt than on education, health and social protection combined, a new report has shown. This pattern is evidence to a dramatic squeeze on public services which is  affecting the ordinary citizens the most.

The report, titled “The People’s Audit: Reclaiming Kenya’s Fiscal Sovereignty” and produced by the Okoa Uchumi coalition of civil society groups, uses official data to track the fiscal trade-off. It found that “debt service obligations now consume more than half of all revenues,” a figure that reached 52 per cent of government revenue in the 2023/24 financial year.

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Kenya is now spending more money to service its public debt than on education, health and social protection combined, a new report has shown. This pattern is evidence to a dramatic squeeze on public services which is  affecting the ordinary citizens the most.

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Published Date: 2025-10-22 09:00:00
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By Brian Ngugi
Source: The Standard
By Brian Ngugi

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