Pain for Kenyans as Treasury borrows Sh1 trillion in one year BUSINESS Treasury Cabinet Secretary Ukur Yattani. [Edward Kiplimo, Standard] The National Treasury has borrowed over Sh1 trillion in a single financial year, which experts say is likely to hurt ordinary Kenyans if it continues. By end of June, Kenya’s total public debt had surged to Sh7.71 trillion, an increase of Sh1.02 trillion from Sh6.69 trillion in the same month last year, data from the Central Bank of Kenya (CBK) shows. This means the government has been borrowing on average Sh2.8 billion per day. Since March last year when the country recorded its first case of Covid-19, the government has borrowed Sh1.43 trillion.