Treasury Cabinet Secretary John Mbadi on Wednesday, March 26 revealed that Kenya is on track to pay its Ksh11 trillion debt but stressed that challenges lie ahead as it seeks to repay its debt.
While speaking at the Dissemination of the 2025 Medium-Term Debt Management Strategy, Mbadi noted that the key challenge lay in the constrained maturity periods rather than the ability to repay debt. "If you ask me, I do not think that Kenya has a problem with debt payment.
The debt sustainability for Kenya is perfect," Mbadi stated. "The only problem we have is that the maturing of debts is concentrated within a short period of time," he added.
National Treasury Cabinet Secretary John Mbadi flanked by other ministry officials during a press briefing on February 13, 2025, at the Treasury Building in Nairobi.
