PUBLIC DEBT STOCK PROJECTED TO SURPASS THE KSHS. 10 TRILLION MARK BY JUNE 2024
The current debt stock is projected to range above Kshs. 9.4 trillion by June this year, and cross the Kshs. 10 trillion debt ceiling by June 2024. This is according to a 2023 Public Finance Management Regulation Amendments report presented by the Parliamentary Budget Office (PBO) to the National Assembly Public Debt and Privatisation Committee Chaired by Balambala MP Hon. Abdi Shurie.