President William Ruto has revealed that Kenya's gross public debt has hit the Sh8.8 trillion mark. He explained that at the end of March, it had hit Sh8.8 trillion. Ruto revealed that the International Monetary Fund (IMF) wanted Kenya to borrow more funds. Our public debt stands at Sh8.8 trillion They wanted us to borrow more, but I said No," he said. But, you can not accumulate debt into bankruptcy as an option," Ruto said.

Source: The Star May 14, 2023 21:06 UTC