The missing variables in our Public Debt Equation
THE STANDARD OPINION Our public debt has become one complex equation that no one seems to understand its actual variables or how to solve it. More puzzling is that nobody seems to know the exact debt obligation. The figure varies between Sh6 trillion and Sh12 trillion, depending on who you ask. The irony of it all is that public debt numbers are quantifiable, yet over time, we have come to wonder whether even among Treasury mandarins there is any individual who can tell us our true debt obligations. That may explain the anguish of the over 200,000 Kenyans who camped at the International Mone...