Debts gobble up Sh870b in nine months amid reduced revenues

Central Bank of Kenya Governor Dr. Patrick Njoroge. [File, Standard]

Almost all the revenue collected in the past nine months in the country went into repaying debt, new data shows. 

Figures by the National Treasury show that over the period, tax collections hit Sh900 billion against a debt repayment of Sh870 billion, leaving just Sh30 billion for the Exchequer.