Public money / Accountability

Where Did Some of the Money Go?

Tracking Kenya's debt scandals, inflated projects, and unaccounted public funds across administrations.

How much debt each administration added.

President	Period	Yrs	Debt Start	Debt End	Added	x	In 2026 KES*
President Daniel arap Moi	1978-2002	24	KES 24B	KES 630B	+606B	26.3x	KES 2.24T
President Mwai Kibaki	2002-2013	11	KES 630B	KES 1.79T	+1.16T	2.8x	KES 2.20T
President Uhuru Kenyatta	2013-2022	9	KES 1.79T	KES 8.70T	+6.91T	4.9x	KES 8.29T
President William Ruto	2022-present	3.5	KES 8.70T	KES 12.55T	+3.85T	1.4x	KES 3.85T

*Inflation-adjusted using Kenya CPI (2010=100 base, KNBS Consumer Price Index). Multipliers: 2002 x3.7, 2013 x1.9, 2022 x1.2. Converts historical debt to today's purchasing power for fair comparison.

Sources: CBK Public Debt | CBK Dec 2025 (PDF) | Daily Nation

Eurobond crises, IMF warnings, and credit rating changes - moments when Kenya's debt became a national emergency.

Government projects where costs ballooned, money vanished, or nothing was built. Each card shows what was borrowed vs what taxpayers will actually pay.

Public money the Auditor General could not trace - ghost surgeries, missing Eurobond proceeds, and billions with no paperwork.

Minerals, oil, and natural wealth Kenya sits on but hasn't tapped - resources that could reduce or eliminate the national debt.

Sources: CBK Dec 2025 (PDF) | 2026 Budget Policy Statement (PDF) | KNBS | Auditor-General | Full Methodology & Sources