public debt

National Treasury's budget office director resigns after helping stabilize public debt trajectory, as Finance Minister Godongwana implements tax relief measures and biometric fraud controls targeting R3bn in grant savings.

Kenya's National Assembly has introduced legislation to establish a dedicated infrastructure fund targeting Sh5 trillion in financing, marking a strategic shift away from public debt and taxation toward alternative funding mechanisms for long-term development projects.

Kenya's government has introduced legislation establishing a National Infrastructure Fund aimed at raising Sh5 trillion for long-term projects, marking a strategic pivot from debt-driven development financing.