The latest borrowing figures estimated that public sector net debt, excluding taxpayer-backed banks, reached 97.2% of gross domestic product (GDP) at the end of last year; up from 96.9% a year earlier ...
Economic analysts and the World Bank have expressed concern that government’s continued reliance on Treasury notes (T-notes) ...
The Draft 2025 Budget Policy Statement (BPS) which was published last week, has retained the earlier disclosed domestic borrowing target of Sh545.8 billion for the 2025/26 fiscal year, which is an ...
“In the domestic debt market, the immediate priority is to reduce the pressure on domestic borrowing. Paying interest rates of 17 or 18 per cent on bonds is unsustainable,” he said. The DG ...
“By not offering these switch bonds, the Treasury is indicating that it is comfortable with how the domestic borrowing scenario has turned out and that the borrowing target will not be competing ...