"Kenya's public debt remains sustainable, but with elevated risks of debt distress due to persistent global shocks that adversely affect the liquidity ratios."
"The depreciation of the Kenya shilling against major currencies and the rise of interest rates, has elevated the cost of debt service." "Further the depreciation of the currency has increased the size of the Public debt stock as half of the public debt it actually denominated in foreign currency." "Although the debt burden has risen. .. The government is committed to honour all public debt obligations as they fall due."About a dozen opposition lawmakers briefly interrupted the speech when they staged a walk-out from the chambers as the minister started. Calm returned and the speech proceeded."The economy is expected to rebound in and expand by 5.5% in 2023 up from 4.
"The fiscal deficit will be financed through a net external financing of 131.50 billion shillings and net domestic financing of 586.5 billion shillings."
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