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The Standard e-Paper
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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
An editorial on debt sounds cliché, tired and boring. But we will repeat it nonetheless. As a media house, we will repeat this message until those who are responsible for ensuring that we live within our means get it right.
Kenya’s public debt currently stands at Sh4.6 trillion, meaning each Kenyan has a debt of at least Sh102,000. True, this is still lower than the country’s GDP per capita (or the economic worth of every Kenyan) which stands at Sh157,700.
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