NAIROBI - Kenya plans to change the government's debt ceiling to a proportion of its gross domestic product (GDP) to make debt management more sustainable, President William Ruto's office said on ...

Kenya will raise its debt ceiling of Sh9 trillion to accommodate gaps in its expenditure needs amid underperforming tax collections, the National Treasury has said, confirming reports that emerged ...

Treasury CS Njuguna Ndungu poses a photo before presenting the 2023/24 budget highlights at Parliament June 15, 2023. [Boniface Okendo, Standard] The Senate is expected to vote on the Treasury's ...

(Bloomberg) -- Kenya’s debt-ceiling review not only shifts the goalposts but also changes the rules on how goals are scored, and that could move the government closer to debt distress. Lawmakers last ...

Kenya’s Daily Star has reported that the parliamentary budget committee is considering a ceiling of KSh12trn shillings ($105bn), and a long-term limit of KSh15trn. The current debt limit of KSh9.1trn ...

NAIROBI, Feb 28 (Reuters) - Kenya plans to change the government's debt ceiling from a fixed amount to a proportion of the county's gross domestic product to make debt management more sustainable, ...