Kenya's Debt Hole: The country at the brink of bankruptcy
Kenya's public debt has hit an alarming high of Sh11 trillion. Out of this, President William Ruto's government has contributed Sh2.4 trillion in just 15 months. And now, 7 out of Kenya's 10 shillings budgeted has to go towards debt repayment. How did we get here? How do we get out of this debt hole?
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![INDEBTED: Kenya's Journey to a Debt Crisis [Part 2: The Feeding Trough]](https://i.ytimg.com/vi/ZJamDaDTuGE/hqdefault.jpg?sqp=-oaymwEjCNACELwBSFryq4qpAxUIARUAAAAAGAElAADIQj0AgKJDeAE=&rs=AOn4CLAs8TmaqDDse2SqhHsUCrU2IqsA8Q)
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INDEBTED: Kenya's Journey to a Debt Crisis [Part 2: The Feeding Trough]
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Kenya Has Overpaid Its Debts By More Than Ksh.1 trillion. It's Being Pocketed
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With a KSh1.1T deficit, 80% locally borrowed, small businesses are set to bear the biggest burden.
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