Kati ya hizo mkopo katika budget ya Kenya ni USD ngapu? Maana KRA wanakusanya less than USD 15b Tanzania loans estimated at USD 3. Budget ain't numbers but substance.
The flaw in most of their arguments lies in the fact that Kenya is economically, technologically and logistically and bigger and better than them which essentially condemns them not only to argue from a position of weakness but also against the facts/reality.
Only mwendawazimu tuu anaweza praise budget ya Kenya. Kenya ni hatari kwa economy ya East Africa na integration ya east Africa maana monetary convergence iko out of tune with agreed east african standards. Debt to GDP ration iko juu,, percentages of budget allocated for recurrent expenditure iko juu sana, over dependence on loans for budgetary support ina excees east Africa set limits, Kenyan currency iko overvalued by more than 35 percent . Hili ni bomu linalosubiria kulipuka economically
When Kenyan economy goes into recession we neighbours will lose part of our exports and trade between us will decline severely impacting our currencies that will bring instability in the whole of EAC communiy. Thst is yo say that any county in the union becomes unstable spill over effects are felt by others look at the case of Greece in the near past it threatened to drag EU down into path of instability but luckily EU saved the day. Same here we will be faced with similar situation soon forcing other EAC countries to chip in and save Kenya so as not to bring the whole EAC economy down.
Wakenya wamepeleka petition mahakama ya East Africa kuizuia serikali yao kuendelea kukopa. Imeelezwa serikali hiyo inakopa kwa riba kubwa na kuwekeza kwenye miradi isiyokuwa na tija.Kenya kainchi kadogo kenye raslimali chache, ila tunajtuma mithili ya sisimizi, sijui lini Watanzania wataamka na kufanya chochote cha maana, GDP yetu inaelekea kuwa mara mbili ya Tanzania, ukizingatia Tanzania ni muungano wa mataifa mawili yenye raslimali kedekede, sijui wana gubu au nini hawa.
Hizi taarifa za bajeti zinashangaza sana hadi huruma.
Tanzania $15.59 billion
Kenya $33.3 billion
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East African Finance ministers present their national budgets in their respective parliaments for the fiscal year 2021/22 today.
According to the East Africa Community (EAC) Treaty, partner states are required to read their budgets simultaneously.
But only the three founding member states – Kenya, Uganda and Tanzania – read their budgets today.
Burundi whose financial calendar begins in January and South Sudan were both given time by the EAC Council of Ministers to adjust the reading of their budgets in harmony with the rest of the partner states.
Rwanda did not give reason for delaying the budget reading.
Uganda's $12.61 billion (Ush44.7 trillion) Budget is being presented by Mr Amos Lugoloobi, the newly appointed Minister of State for Planning.
In Tanzania, the $15.59 billion (Tsh36.32 trillion) Budget will be read by the new Minister of Finance and Planning Dr Mwigulu Nchemba.
Treasury Cabinet Secretary Ukur Yatani will lay out the $33.3 billion (Ksh3.6 trillion) budget which is expected to cement the legacy of Kenya's President Uhuru Kenyatta 10 years in office in a tough economic setting clouded with depressed corporate and household earnings amid uncertainties arising from the Covid-19 pandemic.
East Africa Finance ministers present 2021/22 budgets
Only the three founding member states – Kenya, Uganda and Tanzania – are reading their budgets today.www.theeastafrican.co.ke
Confused fella... Didn't you say that 70% of Nigerian state's revenue comes from the federal govt?
Achana na huyo kilaza.
Safi sana mkuu,
This is how to deal with ignorance, concrete facts. Nimeona pia hawajui maana ya Debt to GDP ratio, nchi inaweza kukua na hata 200% debt to GDP ratio na iko sawa., elimu uchwara inawaacha ovyo kimawazo., mtu binafsi anaweza kuomba mkopo zaidi ya mapato yake mara tano ili kufanya projects, sasa kwa mtanzania huyo ni fukara 😂 😂 😂 thats how the rich make money.., they should watch Robert Kiyosaki awaelimishe.
Phew!
Nigeria has 5 times Kenya's population
Albert Eindush 
We should be enlightened here as well.
You are wrong. Upper middle income sio Gni per capita of $4,000 kama unavyosema bali around $8,000. Ni vigumu sana kufika level hii ya upper middle income. Nchi chache sana za Africa zimefaulu kufika level hii. Less than 10 African countries zimefika level hii na nyingi zao ni nchi ndogo in terms of population kwa mfano Botswana, Mauritius, Seychelles e.tc. Ila Seychelles na Mauritius wamefaulu zaidi na kuingia ligi bab kubwa ya high income.
In Kenya most of our development is financed by debt. Kwa mfano most of our roads are built through loans kwa hivyo hio development budget ya $6 billion isikudanganye. Hio ni ya kujenga miradi ndogo ndogo kama Konza city na Lamu port. Sisi tunatumia both debt na internal revenue kuunda infrastructure while nyinyi mnategemea sana internal revenue yenu ndogo kufinance both development na recurrent. Yaani ni kama salary yako ni ndogo kushinda ya jirani yako ila wewe unatumia salary yako pekee kujenga nyumba yako ilhali jirani yako anatumia salary yake kubwa (internal revenue) na mkopo wa benki kujenga nyumba yake. Sasa unadhanj nani ndio atamaliza kujenga nyumba yake wa kwanza?
Kizungu huwa inawatesa sana Watanzania. What crap has this guy written here🖕🏾. Someone translate please.
KRA last financial year ilikusanya $18 billion. Get your facts right. That is 25% of your economy.
