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Kenya budget larger than rest of EAC combined

Discussion in 'Kenyan News and Politics' started by Nairoberry, Jun 16, 2012.

  1. Nairoberry

    Nairoberry JF-Expert Member

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    East Africa Community countries have raised spending by 20 per cent for the next fiscal in their 2012/2013 budgets read on Thursday, with an eye on job creation, as respective Finance Ministers warn of tough economic times ahead.

    The region's economies have been battered by high food and fuel costs, fluctuating currencies and diminished revenue collection, and
    with pressures of surging unemployment, high cost of living and weakening currencies, the governments opted to increase spending that have left their frail economies with the biggest budget deficits ever.

    Kenya, Uganda, Tanzania and Rwanda raised their combined spending from $26.6 billion in the 2011/2012 financial year to $32 billion in 2012/2013, according to budget spending plans released by the finance ministers.

    Kenya's total budget stands at Ksh1.4 trillion ($17 billion), up from Ksh1.1 trillion ($12.9 billion) while that of Uganda is Ush11.1 trillion ($4.4 billion) compared with last year's Ush 9.2 trillion ($3.6 billion).

    Tanzania will spend TSh15 trillion (9.5 billion), a rise from Tsh 13 trillion ($8.2 billion) compared with Rwanda's Rwf 1.3 trillion ($2.3billion), up from Rwf 1.1 trillion ($1.9 billion) in 2011.

    Sharp increases in deficit levels are likely to raise governments' borrowing costs, divert resources from crucial social services like health and affect the standards
     
  2. Nairoberry

    Nairoberry JF-Expert Member

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  3. Kijakazi

    Kijakazi JF-Expert Member

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    wewe uliyeleta hii post nafikiri IQ yako ni chini ya 70! vinginevyo usingeweza kuleta kitu kama hicho! sasa Kenya ina uchumi mkubwa KWA SASA hapa AM na kila mtu anajua hilo, sasa iweje iwe ni jambo la ajabu kuwa na bajeti kubwa AM???

    Ungeeleweka kama ingekuwa Rwanda ina bajeti kubwa AM basi tungekaa kujadili kwa maana sio kawaida, vinginevyo nafikiri wewe na ninaamini ni mkenya uko kama wakenya wenzako ambao mnakwenda shule kujifunza kiingereza na sio vinginevyo!
     
  4. Dhuks

    Dhuks JF-Expert Member

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    Nilijua uchumi wake ni mkubwa kuliko nchi zingine AM wala sikuwa na habari kuwa bajeti iliyosomwa ni maradufu kiasi ya kulinganishwa na bajeti zote za AM.

    Tz is 52% donor funded, Kenya is not 100% self-funding and Uganda is like 20% donor funded if my sources are right, nothing to brag about though if it will not trickle down as better standard of living to the ordinary folk
     
  5. Bantugbro

    Bantugbro JF-Expert Member

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    Dhuks @ work....:A S 39:
     
  6. F

    FJM JF-Expert Member

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    Burundi imeondolewa EAC?
     
  7. Dhuks

    Dhuks JF-Expert Member

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    bajeti yake kasomwa miezi sita imepita
     
  8. Delta4

    Delta4 Senior Member

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    Stop with your pettiness.

    How does it ''trickle down as better standards of living to the ordinary folk''? By some magic while you sit on your backside whining about Kenya-this-Kenya-that?

    Just how did Kenya grow her ''trickle-down'' effort to factually over four times that of Uganda in just ten years?

    From 2011 to 2012, alone, Kenya has increased public expenditure intentions to an amount equal to the entire Ugandan Budgetary Spending intentions this year? That is how it is grown to trickle down!!

    And your figures on external budgetary funding for AM are factually incorrect - on the statistical returns for year 2011, it is 7.8% Kenya, 29% Rwanda, 32% Uganda, 33% Tanzania
     
  9. F

    FJM JF-Expert Member

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    Yah, lakini kwanini mleta hoja asijumlishe, regardless imesomwa lini?
     
  10. Dhuks

    Dhuks JF-Expert Member

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    Huh you are more Kenyan than i am in your opinion? Look out for the meaning of pettiness and you will be wiser
     
  11. Nairoberry

    Nairoberry JF-Expert Member

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    my good friend if rwanda budget is two billion us dollars what do you think of burundi which is the poorest in EAC? obviously its amount still fits in well and still leaves change for kenya
     
  12. F

    FJM JF-Expert Member

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    Unataka tujadili budget za nchi za EAC basi leta hoja iliyokamilika, otherwise nachukulia hii hoja kama utani wa rejareja!
     
  13. Bantugbro

    Bantugbro JF-Expert Member

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    [​IMG] By Bantugbro [​IMG]
    Dhuks @ work....[​IMG]

    Why are you addressing all this to me?...please pay attention and read old posts properly ...:nono:
     
  14. Kabaridi

    Kabaridi JF-Expert Member

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    Hili ni jukwaa la Kenya na sioni sababu wakati unaporusha maneno sampuli hiyo ya IQ, Kama IQ yako iko more than 70 unaongelea from which basis/source of information.

    .....................Expenditure of countries goes as follows after recent budget readings across EA countries; Kenya's is $16bn, Rwanda.-$1,2bn Tanzania $8.6bn......etc.......etc)

    Sasa data kama hii inachapishwa na magazeti na bajeti zilisomwa juzi kutoka serikali za hizo nchi na mukiambiwa hamutaki kusikia. Kenya's expenditure is double that of Tanzania, four times that of Uganda and 8 times that of Rwanda. Kwani does that govts expenditure lie? A country's economic size factor and its expenditure are synonymous. Nayo Uchumi wa Tanzania thrives and grows very well on paper/makadirio as opposed to the real thing/implementation on the ground.

    Ikiwa Una propose Rwanda ingekuwa na uchumi mkubwa ndio ungejadili, kwa sasa haijafanikiwa kuwa nao, kwa hivyo case closed. ngoja bajeti zenu zitakapongezeka ndio tutajidili.
     
  15. Kabaridi

    Kabaridi JF-Expert Member

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    Ni kweli Nairoberry, Kenya's economic donor factor is 8%, in comparison to Tanzania's 26% and Uganda's 32%. This means that Kenya's economy and growth is aided more by domestic financial borrowing. It further means we are not in the band-wagon/list of a heavily indebted poor countries (HIPC) like Uganda and Tanzania
     
  16. Lonestriker

    Lonestriker JF-Expert Member

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    Only a fool states the obvious.
     
  17. R

    Ronal Reagan JF-Expert Member

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    Kuna factors kibao zinazofanana katika nchi hizi, mfano:
    1) Ufisadi katika sekta za maliasili, utalii na utumishi.
    2) Utawala na/au uongozi mbovu usiozingatia uwajibikaji, maono na nidhamu
    3) Siasa chafu na sera mbofu mbofu
    4) Ukame
    5) Ugaidi na/au tishio la ugaidi/vita
    6) Ugenishaji
    7)

    Kwangu mimi naona mambo haya mpaka yashughulikiwe sawasawa/vizuri ndipo hizi bajeti tutakujaona tija yake, vingnevyo ni kula, kunywa na kusogeza siku mbele kwa wananchi wa AM.
     
  18. Dhuks

    Dhuks JF-Expert Member

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    Tanzania upo?
     
  19. Kobello

    Kobello JF-Expert Member

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    Kenya's total debt is about 17bn US$.
    Tanzania's debt stands at 9.78 US$.
    Can you please prove me wrong?

     
  20. Nairoberry

    Nairoberry JF-Expert Member

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    Can you please provide me with a link?
     
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