Debt gobbles up Sh228 billion in seven months

Kenya’s debt has raised an uproar, with IMF warning that the country might plunge into a crisis. [Photo: Courtesy]

Kenya spent Sh228 billion to pay creditors in the first seven months of the current financial year.

This was up from Sh144.3 billion that was paid out to creditors over a similar period in the 2016/17 financial year, representing a 58 per cent increase.