KIPPRA appeared before the National Assembly’s Public Debt & Privatization Committee on 18th November 2025 to present a report on strengthening Kenya’s debt sustainability. The meeting, chaired by MP, Balambala, Hon. Abdi Shurie focused on reviewing the country’s current debt position and identifying policy measures to enhance debt sustainability. Hon. Shurie emphasized the Committee’s commitment to relying on evidence-based insights to guide Parliament’s oversight of public borrowing.
The KIPPRA delegation, led by Dr Moses Njenga, Ag. Deputy Director, Private Sector Development Department, highlighted the need to reinforce Kenya’s debt management framework to stabilize repayments, reduce refinancing risks, and mitigate the fiscal burden from rising debt-servicing ratios. The report recommended a stronger shift toward concessional external financing to ease pressure on domestic markets and prevent crowding-out of private sector borrowers.
Additional recommendations included tightening fiscal consolidation measures, aligning borrowing decisions with long-term development priorities, and enhancing export performance to strengthen resilience against external debt vulnerabilities. On the issue of penalties from commitment fees on undisbursed loans, KIPPRA advised the National Treasury to ensure projects are fully prepared before contracting credit and emphasized the importance of robust monitoring systems to improve absorption of committed funds. The session was also attended by Jacob Nato, Dr Joseph Muniu, Laureen Karima, Elvis Kiptoo, and Samuel Meme.
