×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Public debt burden challenge requires bold measures

Vocalize Pre-Player Loader

Audio By Vocalize

During a recent meeting with Jubilee MCA's in Nakuru, President William Ruto revealed the great pressure that public debt is exerting on Kenya's economy. Out of every Sh10 collected in revenue, Sh7 are swallowed up by debt service costs, and the remaining Sh3 are stretched to cater for devolution, civil servant's salaries and development expenditure.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Golf
Magical Kenya Open: Jastas Madoya reveals what fuels his passion for golf
Olympics
NOC-K signs strategic MoU with Japanese Olympic Committee
Unique Sports
Youthful Kinoti Kiara crowned African fencing champion
By Xinhua 11 hrs ago
Sports
How Chinese elements shine at Milan-Cortina Winter Olympics