• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Kenya Launches National Debt Audit Amid Public Pressure – Finance Minister

Kenya Launches National Debt Audit Amid Public Pressure – Finance Minister

1 year ago
Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

3 hours ago
Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

3 hours ago
Chad Renews Partnership With Prince Harry-Linked Conservation Charity

Chad Renews Partnership With Prince Harry-Linked Conservation Charity

17 hours ago
MWC Kigali
Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

20 hours ago
Libya: Lebanese Court Grants Gadhafi’s Son $11m Bail After 10-Yr Detention

Libya: Lebanese Court Grants Gadhafi’s Son $11m Bail After 10-Yr Detention

20 hours ago
Sunday, October 19, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: Lawmakers Impeach Fleeing President As Military Takes Power

    Madagascar: Lawmakers Impeach Fleeing President As Military Takes Power

    Cameroon: Opposition Candidate, Bakary Urges Biya To Concede Defeat

    Cameroon: Opposition Candidate, Bakary Urges Biya To Concede Defeat

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: President Rajoelina Flees After Losing Army’s Support

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Opposition Candidate, Bakary Takes Early Lead In Paul Biya’s Stronghold

  • Economy
    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    IMF

    Nigeria Missing From IMF’s List Of Africa’s Fastest-Growing Economies

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Zimbabwe: Zanu-PF Plans Mnangagwa’s Tenure Extension

    Zimbabwe: IMF Commends Economic Progress, But Rules Out Fresh Borrowing

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    World Bank, AfDB, Partners Launch Global ‘AgriConnect’ Initiative To Transform Smallholder Farming, Create Millions Of Jobs

    World Bank, AfDB, Partners Launch Global ‘AgriConnect’ Initiative To Transform Smallholder Farming, Create Millions Of Jobs

    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    US, China Trade New Port Fees In Escalating Maritime Showdown

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: Lawmakers Impeach Fleeing President As Military Takes Power

    Madagascar: Lawmakers Impeach Fleeing President As Military Takes Power

    Cameroon: Opposition Candidate, Bakary Urges Biya To Concede Defeat

    Cameroon: Opposition Candidate, Bakary Urges Biya To Concede Defeat

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: President Rajoelina Flees After Losing Army’s Support

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Opposition Candidate, Bakary Takes Early Lead In Paul Biya’s Stronghold

  • Economy
    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    IMF

    Nigeria Missing From IMF’s List Of Africa’s Fastest-Growing Economies

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Zimbabwe: Zanu-PF Plans Mnangagwa’s Tenure Extension

    Zimbabwe: IMF Commends Economic Progress, But Rules Out Fresh Borrowing

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    World Bank, AfDB, Partners Launch Global ‘AgriConnect’ Initiative To Transform Smallholder Farming, Create Millions Of Jobs

    World Bank, AfDB, Partners Launch Global ‘AgriConnect’ Initiative To Transform Smallholder Farming, Create Millions Of Jobs

    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    US, China Trade New Port Fees In Escalating Maritime Showdown

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Kenya Launches National Debt Audit Amid Public Pressure – Finance Minister

September 16, 2024
in Top Stories, World
0
Kenya's Finance Minister, John Mbadi

Kenya's Finance Minister, John Mbadi

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Ebi Kesiena

Kenya’s Auditor General has initiated a comprehensive audit of the country’s national debt, Finance Minister John Mbadi announced on Monday. The audit aims to determine the exact amounts owed to various creditors as concerns over the nation’s debt levels grow.

Relatedreading

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

Kenya’s debt currently stands at 10.5 trillion shillings ($81.71 billion). The audit was a key demand from anti-tax hike protestors earlier this year, which led the government to scrap several planned tax increases in June.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

The protests, sparked by rising living costs and fiscal concerns, resulted in the deaths of over 50 people and forced President William Ruto’s administration to re-evaluate its approach to managing public finances.

“The audit has already commenced,” Mbadi confirmed, although he did not provide specifics about the scope of the investigation or when the findings would be released. The Auditor General, an independent office established under the constitution and funded by the state, is responsible for conducting this review.

During the height of the unrest, President Ruto appointed a special committee to oversee the debt audit. However, key figures, including the head of the Law Society of Kenya, declined to serve, arguing that the Auditor General’s office was best suited for the task.

As Finance Minister, Mbadi has pledged to increase “debt accountability” to provide greater transparency and understanding of the country’s financial obligations. His commitment to clearer debt reporting was a central theme during his parliamentary vetting.

Kenya’s fiscal challenges have also led to a series of credit downgrades by major global rating agencies, further complicating the government’s financial standing.

Meanwhile, amid these developments, a team from the International Monetary Fund (IMF) is currently in the country for a fact-finding mission. Their findings will contribute to an upcoming IMF board meeting that could approve a $600 million disbursement to Kenya as part of the country’s ongoing economic programme.

The debt audit is seen as a critical step in rebuilding public trust and ensuring sustainable management of Kenya’s finances moving forward.

ShareTweetSend
Previous Post

Football Regulator: England Risk UEFA Ban

Next Post

Nigeria’s Okonjo-Iweala To Seek Second Term As WTO DG

Related Posts

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

October 19, 2025
Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

October 19, 2025

Chad Renews Partnership With Prince Harry-Linked Conservation Charity

Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

Libya: Lebanese Court Grants Gadhafi’s Son $11m Bail After 10-Yr Detention

Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

Next Post
Breaking: Ngozi Okonjo Iweala wins WTO race

Nigeria's Okonjo-Iweala To Seek Second Term As WTO DG

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

October 19, 2025
Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

October 19, 2025
Chad Renews Partnership With Prince Harry-Linked Conservation Charity

Chad Renews Partnership With Prince Harry-Linked Conservation Charity

October 18, 2025
Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

October 18, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

October 19, 2025

Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

October 19, 2025

Chad Renews Partnership With Prince Harry-Linked Conservation Charity

October 18, 2025

Nigeria: Defence Headquarters Dismisses Coup Plot To Oust Tinubu

October 18, 2025

Libya: Lebanese Court Grants Gadhafi’s Son $11m Bail After 10-Yr Detention

October 18, 2025

Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

October 18, 2025

Nigeria Missing From IMF’s List Of Africa’s Fastest-Growing Economies

October 18, 2025

South Africa Urges Transparency In Global Credit Ratings At G20 Talks

October 17, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In