到2025年6月,肯尼亚的债务达到GDP的67.8%,尽管可持续能力强,但风险却增加了,短期债务不断上升,并努力转向长期国内借贷。 Kenya’s debt reached 67.8% of GDP by June 2025, raising risks despite sustainability, with rising short-term obligations and efforts to shift to long-term domestic borrowing.

肯尼亚的公共债务是可持续的,但极有可能陷入困境,到2025年6月,债务总额达到11.8万亿瑞郎(占国内生产总值的67.8%),包括6.3万亿瑞郎的国内债务和5.4万亿瑞郎的外债。 Kenya’s public debt is sustainable but at high risk of distress, with total debt reaching Sh11.8 trillion (67.8% of GDP) by June 2025, including Sh6.3 trillion in domestic and Sh5.4 trillion in external debt. 2026年中期债务管理战略预测了5.3%的经济增长,目的是将借款转向较长期的国内证券,减少对短期国库券的依赖。 The 2026 Medium-Term Debt Management Strategy projects 5.3% economic growth and aims to shift borrowing toward longer-term domestic securities, reducing reliance on short-term Treasury Bills. 由于货币宽松,国内利率到2025年12月从13%下降到9%。 Domestic interest rates fell from 13% to 9% by December 2025 due to monetary easing. 短期债务上升到债务总额的21.6%,而长期债务略微下降到21.1%。 Short-term debt rose to 21.6% of total debt, while long-term debt declined slightly to 21.1%. 到2026年6月,18.2%的国内债务已到期,造成中期偿还压力。 An 18.2% share of domestic debt matures by June 2026, creating medium-term repayment pressure. 该战略强调为外部借贷提供优惠融资和与可持续性挂钩的债券,并进行改革以加强债务管理政策。 The strategy emphasizes concessional financing and sustainability-linked bonds for external borrowing, with reforms to strengthen debt management policies.