Please don't forget that Tanzania is still playing behind Uganda πππ€£πππWe unataka ujilinganishe na nchi ina electrical SGR, ina BRT system, ina cable bridges ina modern flyovers plus 3level yn mambo yote ya ulaya yapo Tz na bado unataka kujilinganisha
First you must understand that thre are benchmarks for borrowing the ability to borrow is not determined by the amount of loans that you have but is determined by factors such as debt to GDP ratio which is internationally acceptable. Kenya and Tz interms of borrowing ability cannot be conpared as you did in your explanation above these two countries took different approach when it comes to borrowing kenya have an appetite for commercial loans which mostly attract higher interest while Tz opts for cheaper loans through traditional lenders such as IMF and WB these loans are provided with lower interest rates compared to commercial ones. When it comes to debt to GDP ratio kenya is at the ceiling while TZ still has an extra capaciy to borrow with more favourable credit ratings. Lastly, I insist that foreign borrowing is better than internal borrowing. The the govt borrows internaly it issues treasury bills and bonds in the local market more local investors prefer these instruments because it is a sure way of guaranteeing returns hence instead of investing money in projects and businesses that will employ people and pay taxes they lock their capitals in govt papers thereby stifling the local econony the impact has a multiplier effect in the economy maana even other creditors such as banks and other financial institutions always scramble for govt papers thereby reducing theie credit portfolios to private sectors. Without loans businesses cannot thrive.How does external borrowing prevent stifling of the local economy as compared to internal borrowing? Kindly explain.., for the Kenya's case it is both the external and internal debt that is being serviced, either way the loan must be paid. I understand borrowing internally has more advantages compared to borrowing externally. The only major advantage of borrowing externally is the use of foreign currency, which is somewhat stable and can withstand shocks compared to local currencies..,
Kwa debt, Kenya na Tanzania and many African countries are at a disadvantage in a big way.., but nyie mko mbaya zaidi with a bigger external debt in comparison to having an internal debt..,
The most crucial disadvantage of external debt is that it often leads to a vicious cycle of debt for countries, which refers to a cycle of continuous borrowing, accumulating payment burden, and eventual default. When a governmentβs expenditure exceeds how much it earns in a year (like it is in Tz and kenya), it faces a fiscal deficit. In order to finance the adverse gap, the government borrows money from another country. In the next year, with the additional expense of interest payment and loan repayment, the government might face a deficit again and be forced to take another external loan. In subsequent years, there might be a situation where it borrows money in order to repay its previous loans, exactly what Kenya and Tz is doing and most African countries and few European nations.
A country with a high amount of external debt raises caution among prospective lenders, and they become unwilling to lend more money. This is the case with Tanzania!, and since the said country cannot raise further debt, it might fail to repay external debt, a phenomenon known as sovereign default. Therefore, the debt cycle culminates in an almost bankrupt nation, and many other lender-nations facing bad loans.
Acha ujinga. Nairobi pekee ina millionaires wengi kuliko TanzaniaNchi inajenga electrical SGR, ina the winning BRT system, ina cable stayed bridges kila kona, ina millionaires wengi nchi zote za EA combined haziifikii, inajenga hydroelectric power dam kubwa kwa pesa za ndani na bado unataka kujilinganisha nayo [emoji116][emoji116][emoji1787][emoji1787]
View attachment 1878228View attachment 1878229What does Tanzaniaβs move to lower-middle income status mean?
On July 1, 2020, the World Bank announced that the Tanzanian economy had been upgraded from low to lower-middle income status. So, what does that mean? Below, we answer some of the most frequently asked questions about this global exercise and what it means for Tanzania.blogs.worldbank.org
Acha ujinga. Nairobi pekee ina millionaires wengi kuliko TanzaniaNchi inajenga electrical SGR, ina the winning BRT system, ina cable stayed bridges kila kona, ina millionaires wengi nchi zote za EA combined haziifikii, inajenga hydroelectric power dam kubwa kwa pesa za ndani na bado unataka kujilinganisha nayo
View attachment 1878228View attachment 1878229What does Tanzaniaβs move to lower-middle income status mean?
On July 1, 2020, the World Bank announced that the Tanzanian economy had been upgraded from low to lower-middle income status. So, what does that mean? Below, we answer some of the most frequently asked questions about this global exercise and what it means for Tanzania.blogs.worldbank.org
Kakasirika tayari, sasa kwani ni mm ndiye ninayesema, wakasirikie Knight Frank [emoji1787][emoji1787][emoji1787]Acha ujinga. Nairobi pekee ina millionaires wengi kuliko Tanzania
Another useless post.First you must understand that thre are benchmarks for borrowing the ability to borrow is not determined by the amount of loans that you have but is determined by factors such as debt to GDP ratio which is internationally acceptable. Kenya and Tz interms of borrowing ability cannot be conpared as you did in your explanation above these two countries took different approach when it comes to borrowing kenya have an appetite for commercial loans which mostly attract higher interest while Tz opts for cheaper loans through traditional lenders such as IMF and WB these loans are provided with lower interest rates compared to commercial ones. When it comes to debt to GDP ratio kenya is at the ceiling while TZ still has an extra capaciy to borrow with more favourable credit ratings. Lastly, I insist that foreign borrowing is better than internal borrowing. The the govt borrows internaly it issues treasury bills and bonds in the local market more local investors prefer these instruments because it is a sure way of guaranteeing returns hence instead of investing money in projects and businesses that will employ people and pay taxes they lock their capitals in govt papers thereby stifling the local econony the impact has a multiplier effect in the economy maana even other creditors such as banks and other financial institutions always scramble for govt papers thereby reducing theie credit portfolios to private sectors. Without loans businesses cannot thrive.
Ebu tuonyeshe ripoti ya Knight Frank 2021 I want to show you something πππKakasirika tayari, sasa kwani ni mm ndiye ninayesema, wakasirikie Knight Frank [emoji1787][emoji1787][emoji1787]
Kenya+Uganda+Rwanda+Burundi+Congo haziwezi kufikia Tz kwa idadi ya millionaires na pia usisahau ni pekee yenye billionaire ukanda huu, muwe na heshima [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Acha ujinga. Nairobi pekee ina millionaires wengi kuliko Tanzania
Yani sisi ndiyo matajiri hapa EA na ndiyo maana huwezi kusikia tunaletewa msaada wa chakula na pia usisahau tuko pekeetu wenye billionaire, vinchi maskini km Kenya vitasubiri sn[emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Ebu tuonyeshe ripoti ya Knight Frank 2021 I want to show you something [emoji23][emoji23][emoji23]
[emoji3516][emoji3516][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Ebu tuonyeshe ripoti ya Knight Frank 2021 I want to show you something [emoji23][emoji23][emoji23]
Wewe ndio boya kuliko wenzako mara dufuπππ, so mambo ya semantics and syntax weka pembeni, pia issues uko na zero ability to reason, level yako ni ya kutafuta vipicha kwa googleππππ.., arguing with your type ni kuharibu muda tu., Tafuta Kibera uweke humu, hauna misuli ya kifikra.Kwahiyo akikosea kuandika neno la kingereza ni elimu hana ila wewe unapokosea maneno ya kiswahili ni bahati mby, nani aliwaroga nyie kima? Yani mmepumbazwa mpk machokoraa humu yakiongea"yes" "no" yanajiona yamesoma, yn kuwa mkenya ni laana wallahi, hata waingereza hawana habari na vitu vidogo vidogo mnavyo deal navyo nyie wehu [emoji1787][emoji1787]
Kitu usichojua ni kwamba kuna aina mbili za lugha, kuna written na spoken so even English man anaweza akawa mzuri kwenye spoken na akawa mbovu kwenye written so just submitt to your English teacher I will pay for you sychophant moron [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Hehehehee utaacha lini arguing without facts, nakwambia rudi shule kama hujui kuna written na spoken language nitakulipia ada [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Wewe ndio boya kuliko wenzako mara dufu[emoji23][emoji23][emoji23], so mambo ya semantics and syntax weka pembeni, pia issues uko na zero ability to reason, level yako ni ya kutafuta vipicha kwa google[emoji12][emoji23][emoji23][emoji23].., arguing with your type ni kuharibu muda tu., Tafuta Kibera uweke humu, hauna misuli ya kifikra.
Hapa walikwepa., akileta nitag na mimiπππ., watakuambia wakenya ndio main researchers so wanahujumu Tanzaniaππππ.,Ebu tuonyeshe ripoti ya Knight Frank 2021 I want to show you something πππ
Utateseka SanaππππKenya+Uganda+Rwanda+Burundi+Congo haziwezi kufikia Tz kwa idadi ya millionaires na pia usisahau ni pekee yenye billionaire ukanda huu, muwe na heshima [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Kenya+Uganda+Rwanda+Burundi+Congo combined haziifikii Tz kwa millionaires, hii ni aibu kubwa [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Hapa walikwepa., akileta nitag na mimi[emoji23][emoji23][emoji23]., watakuambia wakenya ndio main researchers so wanahujumu Tanzania[emoji23][emoji23][emoji23][emoji23].,
Huwa hawapendi hii report ya 2021πHapa walikwepa., akileta nitag na mimiπππ., watakuambia wakenya ndio main researchers so wanahujumu Tanzaniaππππ.,
Repeat that again ππππKenya+Uganda+Rwanda+Burundi+Congo combined haziifikii Tz kwa millionaires, hii ni aibu kubwa [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Afrika facts ndio Knight Frank, yn mtoke 2009 mpk 8000 na korona jinsi ilivyowapiga, ofisi nyingi kufungwa, watu kufukuzwa kazi, kweli Mungu fundi [emoji116][emoji116][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]