78% of Kenya's Tax Revenue Goes to Debt – Is the Economy at Risk?

Kenya's economy is showing resilience, but beneath the positive indicators lies a growing concern: the rising cost of public debt. At the NCBA Economic Forum, NCBA's Group Managing Director examines Kenya's economic outlook as the country heads into 2027, highlighting the challenges facing government, businesses, investors and households. One statistic stands out: 78% of Kenya's tax revenue went towards servicing public debt in the first three months of FY 2026/2027, with projections indicating that this could rise to 81% by the end of the financial year. The address explores: - Kenya's economic growth projections for 2026 and 2027. - The growing pressure of public debt servicing. - Inflation, taxation and the cost of living. - Global geopolitical tensions and their impact on Kenya. - The role of exports, agriculture and foreign investment. - What the 2027 General Election could mean for economic stability. As Kenya looks towards 2027, can the country sustain economic growth while managing mounting fiscal pressure? Watch the full address for insights into the economic outlook and the decisions that could shape Kenya's future. #NCBA #KenyaEconomy #PublicDebt #EconomicOutlook #KenyanWallStreet #Kenya2027 #BusinessNews