Nairobi, July 1 -- The World Bank Group has added Sh588 billion in securitised revenues and pending bills to Kenya's debt stock, revealing a greater debt burden than that captured in official government data.

An analysis conducted by the World Bank in May 2026 shows that Kenya's debt position has worsened, with the country's public debt-to-GDP ratio of 71.3 per cent in 2025, up from 67.3 per cent previously.

The new assessment adds three parameters to Kenya's debt assessment, including securitised future revenue streams, verified but unpaid pending bills and proceeds from privatisation programmes, which are treated as accumulated public liquid financial assets.

The inclusion of securitised revenues and pending bills as part of Kenya's ...