Why government is the biggest winner in Kenya's lending market

Ndindi Nyoro chats with James Muraguri, CEO Institute of Public Finance (IPF), during the launch of the 2025 mid-year economic report. [Wilbrforce Okwiri,Standard]

The government has been criticised for being 'the biggest beneficiary' of the low-interest rate regime owing to the growing domestic public debt.

Experts in the financial sector who spoke during the launch of a report on the country's economic performance for the first half of the year, argue that businesses are less likely to benefit from the reduced rate as the government is mopping up money from the market.