Currency Stability Lowers Kenya’s Debt Stock by KSh 41 Billion. Is This a Signal to Economic Recovery?
Nairobi, Kenya – Kenya’s public debt stock decreased by KSh 41 billion in the first quarter of 2025, marking the first significant debt reduction in three years, driven primarily by the shilling’s sustained appreciation against major international currencies. According to the latest National Treasury report, the shilling’s 14% gain against the US dollar and 12% gain…
