Financial professionals advocate for the government to reconsider allocating billions of shillings to ministries and counties that lack the capacity to effectively utilize these funds. This practice leads to wasteful supplementary budgets, hampers development projects, and diminishes value for taxpayers, experts emphasize.During a post-budget public finance discussion hosted by the
Tag: Kenya public debt
Jimi Wanjigi Blasts John Mbadi Over Kenya’s ‘Illegal Debt’
Safina Party leader Jimi Wanjigi has sharply criticized Treasury Cabinet Secretary John Mbadi for defending a corrupt system, labeling it as ‘mafia mandarins in the Treasury.’ This comment escalated the ongoing debate about Kenya’s public debt during a televised interview on June 20, 2026.Wanjigi refuted Mbadi’s claim that he suggested
Kenya’s LMIC Status Deepens Health Sector Debt Crisis
For years, Kenya has proudly embraced its designation as a "Lower Middle-Income Country" (LMIC). However, within the health sector, this classification increasingly appears more as a burden than a boon, driving the nation deeper into debt. A recent report from the Centre for Epidemiological Modelling and Analysis (CEMA) at the