Bajeti ya Kenya ni zaidi ya mara mbili ya Tanzania, Wabongo wanazidi kukwama sana

Ok ... three times.
Same concept.
What neophytes like you don't understand is that that debt you are crying about is actually used to finance infrastructural development. So instead of focussing your attention on the $6 billion development expenditure, you should have asked yourself how many projects that $12 billion annual debt repayment has financed.
 
yani jero za kwenye bia zinawafanya watu wazima wanakata viuno na kusahau mbinyo wa maeneo mengine mengi.
wacha dharau mshikaji uchumi hauangaliki hivyo jaribu kufikiria job creation chain toka mlima ngano au mlima mtama kwenda kiwandani halafu kwenda usambazaji mpaka mwenye baa na pia muuza baa (barmaids) na indirect (nyama choma joints)! Hivi ni vitu vinahitaji uelewa mkubwa wa multiplying effect behind! Wacha kuropoka mshikaji tena ukiwa ni nchi ya Utalii! Mwigulu Nchembe si mjinga!
 
wacha dharau mshikaji uchumi hauangaliki hivyo jaribu kufikiria job creation chain toka mlima ngano au mlima mtama kwenda kiwandani halafu kwenda usambazaji mpaka mwenye baa na pia muuza baa (barmaids) na indirect (nyama choma joints)! Hivi ni vitu vinahitaji uelewa mkubwa wa multiplying effect behind! Wacha kuropoka mshikaji tena ukiwa ni nchi ya Utalii! Mwigulu Nchembe si mjinga!
chief utanisamehe bure kwa kweli, yani bajeti zaidi ya 90% ni matumizi ya kawaida alafu watu wazima wanakenua kama Tarzmania?
 
nimekupa link na nikataka mnionyeshe hiyo state budget kwamba ipo tofauti na federal budget!

haya onyesha
State budget haipatikani kwenye federal government website. Mpumbavu wewe.
State budget inapatikana katika state website. Ukitaka budget ya Lagos unaenda kwenye website ya Lagos state government. Ifuate hapa Budget Documents - Ministry of Economic,Planning and Budget

Next time upunguze kiherehere na ujuaji mwingi wewe Mlazy

Lagos State Budget 2021: Rekindling Hope, Riding Expectations​

Sunday, January 17, 2021 /09:00 AM / By Proshare Research/ Header Image Credit: @followlasg



At a media briefing held on Thursday, January 14, 2020, the Lagos State Government gave a breakdown of its 2021 budget which it called a 'Budget of Rekindled Hope'. The heart of the budget leveraged its THEMES agenda that encapsulated the broad socioeconomic goals of the administration.

A review of the government's 2021 plan showed a mixture of audacity, brilliance, and a dash of hubris. The budget deficit finance plan shows the government's preparedness to take on more debt in 2021, this may not have been unexpected. The state's huge infrastructure gaps and social security needs explain the charge towards larger debt commitments, the state's debt service ratio is expected to rise from roughly 19% in 2020 to about 22% in 2021. Nevertheless, the broad sweep of the budget points to capital expenditure aimed at improving the quality of citizen's lives with a capital to recurrent expenditure ratio of 60% to 40%.

The budget put under a analytical microscope appears as below:

Lagos in a Snapshot
Lagos is Nigeria's most densely populated state with a landmass of 3,577 square kilometres and an estimated population of 14.86m people (United Nation's projections for 2021).


Illustration 1: Lagos State's Growing Population
Proshare Nigeria Pvt. Ltd.



However, the state remains the most commercially vibrant and economically sustainable state in the federation. The state generates the country's largest value-added tax (VAT) revenue with a total revenue of N96.26bn between January and October 2020. The state's total internally generated revenue (IGR) was N204.51bn as of H1 (i.e., January to June) 2020. Its federation account allocation committee (FAAC) revenue was N149.89bn as of October 2020. Available data shows that the state depends more on its internal revenue sources than its federal allocations which points to strong internal fiscal stability and higher thresholds for fiscal shocks. A snapshot of the state's finances (see Illustration 2 below) tells a compelling story of fiscal strength, diversity, and resilience.

Illustration 2
:
A Snapshot of Lagos Finances
Proshare Nigeria Pvt. Ltd.



Lagos State total revenue (October 2020) which includes VAT, IGR, and Net FAAC Allocation, increased by +8.81% to N149.89bn in 2020 (January - October 2020) against N137.76bn in the same period of 2019.


Kafrican
wachana na huyo Mjinga. Eti anataka umuonyeshe budget ya Lagos state ndani ya Federal government website. Some people are bonkers. Wanavuta mimea ambazo hazijafanyiwa utafiti.
 
Ficha your ignorance.

A big budget doesn't necessarily mean you are richer or more developed.

Nigeria's GDP is five times that of Kenya and y'all have the same budget size.

Kenya's development expenditure (the most important part of the budget) is 6bil$. Tanzania's is 6bil$.

The rest is debt servicing and payroll (usually this is the indicator of how big/corrupt is the government).

CFS (debt servicing which is mainly debt rollover) is 12bn$ for Kenya vs 4bn$ for Tanzania.

Basically that budget is for payroll and debt rollover (85%), while Tanzania spends 40% in development projects.

Debt servicing is all you got?
Because, we never borrow to pay salaries.

We borrow to build roads and other infrastructure.
So, in reality, when you minus the interest payments, the debt is part of the development budget.

I hope I've cleared a few things for you.
 
You stupid Kenyans, what is the benefit of having a big budget which is half donor funded? Come to Tanzania to learn!

Kenya - big budget, half donor funded.
Tanzania - small budget, half donor funded.

Sorry, we have nothing to learn from Tanzania.
 
Ficha your ignorance.

A big budget doesn't necessarily mean you are richer or more developed.

Nigeria's GDP is five times that of Kenya and y'all have the same budget size.

Kenya's development expenditure (the most important part of the budget) is 6bil$. Tanzania's is 6bil$.

The rest is debt servicing and payroll (usually this is the indicator of how big/corrupt is the government).

CFS (debt servicing which is mainly debt rollover) is 12bn$ for Kenya vs 4bn$ for Tanzania.

Basically that budget is for payroll and debt rollover (85%), while Tanzania spends 40% in development projects.

Shida tunatumia sana knowledge za vijiwen kuchambua mamb ya msing.. shukran kwako kwa kutuelewesha
 
Kenya - big budget, half donor funded.
Tanzania - small budget, half donor funded.

Sorry, we have nothing to learn from Tanzania.
Our budget is actually not half donor funded. It has been less than 10% donor funded since Kibaki came to power. Right now the amount of donor funding for 2021/22 buget is less than 5%. Ukiona sijajibu huyo jamaa ni juu his comment was so irrational sikujua how to respond to him.
 
Shida tunatumia sana knowledge za vijiwen kuchambua mamb ya msing.. shukran kwako kwa kutuelewesha
Huyo neophyte Kobello amekuelewesha nini? Ama amekulewesha? Kobello mtu ambaye hata hajui kwamba hio debt repayment ya Kenya ni kwa ajili ya kulipia deni iliyotumika kujenga barabara, power generation plants, power transmission lines, na kadhalika. Deni sio mbaya ikiwa inatumika kwenye maendeleo. Mfunze huyo Mlazy mwenzako kwamba deni pia inaweza kutumika kama kichocheo cha maendeleo
 
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