Kenya’s public debt shot up by Ksh1.93 trillion ($13.3 billion) in the year ended December 2023, raising the country's indebtedness to a new high of Ksh11.14 trillion ($76.83 billion).
This translated to a daily increase of Ksh5.29 billion ($36.5 million) for the entire 2023, the year when the Kenyan shilling shed 26.8 percent of its value against the US dollar.
