June 11, 2026 09:56 (EAT) • 1 week ago
CS Mbadi proposes debt-for-food swaps as Kenya’s debt hits Ksh.12.8 trillion
With Kenya’s public debt now standing at Ksh.12.8 trillion, Treasury CS John Mbadi says the government is exploring debt-for-food and debt-for-development swaps.The proposed model would see creditors forgive part of Kenya’s debt in exchange for investments in food production, infrastructure and othe...