National government finances are governed by the Public Finance Management (National Government) Regulations, which set the ceiling at 50% of the present value of GDP. The National Treasury has recently proposed to change the limit to 55%.
How Much Kenya’s Debt
| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Government Debt to GDP | 68.40 | 65.60 | per cent of GDP | Dec 2021 |
| Government Budget | -8.10 | -7.80 | per cent of GDP | Dec 2021 |
| Government Budget Value | -11695.00 | -792344.00 | KES million | Jul 2022 |
| Government Revenues | 312.77 | 146.26 | KES Billion | Aug 2022 |
| Fiscal Expenditure | 357.31 | 157.96 | KES Billion | Aug 2022 |
| Government Debt | 8610.51 | 8579.07 | KES Billion | Jul 2022 |
What is the National Debt of the Kenya
The proposed change translates to a debt ceiling of about KSh8. 579 trillion for 2022. This figure is calculated from the official forecast for 2021 economic production of KSh12. 1 trillion and its projected growth rate of 5.9% during 2022.