Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes
Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August, representing a 344.4 percent jump from Ksh.1.89 trillion debt which was left behind by the late President Mwai Kibaki in 2013. The National Treasury Cabinet Secretary