Margaret Nyakang'o, the Controller of Budget (CoB), has issued several recommendations to the National Treasury aimed at streamlining debt repayment and revenue collection.
Speaking while appearing before the National Assembly Liaison Committee on Monday, 3 March 2025, Nyakang'o noted that better strategies needed to be implemented to ensure Kenya's fiscal sustainability and economic resilience.
At the top of her list of measures was a consistent review of Kenya's debt portfolio, in which she emphasised a preference for concessional loans with lower interest rates and favourable repayment terms over expensive commercial borrowing.
She further recommended the implementation of comprehensive audits of debt procurement, utilisation, and sustainability.
