Piling debt: Each Kenyan now living on Sh100, 000 borrowed means

Treasury Cabinet secretary Henry Rotich presenting the budget for the 2016/2017 financial year at Parliament. [Photo by Wilberforce Okwiri/Standard]

It was Benjamin Franklin, a renowned polymath and one of the founding fathers of the US, who said: “Rather go to bed supperless, than rise in debt.”

But Kenyan parents and parents-to-be today wake up drenched in a fresh debt of Sh203 billion ($2 billion), thanks to the Jubilee administration's rising appetite for borrowing. And future generations have not been spared.