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Auditor General: Why Kenya's Sh10.6tr public debt is understated

Auditor General Nancy Gathungu. [File, Standard]

Kenya's public debt could be more than the reported Sh10.6 trillion as concern is raised on how much credit has been accumulated by public institutions through non-guaranteed loans and unremitted statutory deductions.

While the latest Annual Public Debt Management Report shows the public debt as of June 2024 stands at Sh10.6 trillion, the Office of the Auditor General shows this amount could be more if counties and state corporations reported correctly.

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