David Ndii Na Msumari Wa Moto SGR Ya Kenya

kennedy0000 said:
Kenya budget 2018: $30 billion
SGR phase 1: $3.2 billion
Balance: $26.8 billion

Tanzania budget 2018: $14 billion
Uganda budget 2018: $7.5 billion
Rwanda budget 2018: $2.4 billion
Total: 23.9

Source - EAC states budget 2018/19 highlights
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Moving ahead. Can you now explain to us in simple language why broke ass failed state kenya keep borrowing to repay debt, and face severe cash crunch, despite so-called robust paper economy :)
 
kirk git said:
Moving ahead. Can you now explain to us in simple language why broke ass failed state kenya keep borrowing to repay debt, and face severe cash crunch, despite so-called robust paper economy :)
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You can't comprehend macro-economics. So don't try.
Kenya, like the US, UK and all civilized countries, borrows to finance its budget.
The bigger your economy, the more you borrow.

You'll understand this in 2050 when we build a wall to stop Tanzanians from illegally immigrating to Kenya for greener pastures.
 
kennedy0000 said:
Fun fact:
Even if we deduct the amount spent on the SGR from our annual budget, what remains will still be larger than the annual budgets of your Bongolala, Uganda and Burundi combined.

This is big boy territory.
It's the same way you don't hear us lecture the US that their F-35 fighter jet program is expensive. Know your lanes.
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which budget? The financed by debts?
 
Geza Ulole said:
which budget? The financed by debts?
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Mtabaki FUKARA wa MAFUKARA with this type of mindset. Mutaambiwa mara ngapi we borrow coz a country like us we've got the capacity to do so? Nyinyi hata hamuwezi omba kwa sababu mnajulikana hamujiwezi na hamuwezani kulipa deni

Can you guys manage to raise a bond at the London Stock Exchange? NO you can't. Kwa hivyo deni haifai kukufanya ukose usingizi mzee! Hii ni Kenya, sio LDC ndugu
 
asvptx said:
Mtabaki FUKARA wa MAFUKARA with this type of mindset. Mutaambiwa mara ngapi we borrow coz a country like us we've got the capacity to do so? Nyinyi hata hamuwezi omba kwa sababu mnajulikana hamujiwezi na hamuwezani kulipa deni

Can you guys manage to raise a bond at the London Stock Exchange? NO you can't. Kwa hivyo deni haifai kukufanya ukose usingizi mzee! Hii ni Kenya, sio LDC ndugu
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At commercial interest rates? No
 
kennedy0000 said:
Once again pulling figures from your a**.

"The state department for Irrigation will receive Ksh17.97 billion ($179.7 million) while Ksh5.56 billion ($55.6 million) will go to the state department for Agriculture and Research."

Kenya releases budget estimates of eye-popping $31b

And there is a nationwide project to build 57 new dams for irrigation (construction not under state department of irrigation).

Govt rolls out 57-dam project to boost food output

The amount we're spending on agriculture, directly and indirectly, is more than Tanzania and Rwanda annual budgets combined.

The problem with you bongolalas is you assume all the money we borrow goes to the railway.
We have borrowed I think Sh4 trillion. Less than 1 trillion has gone to the railway.

As I told you before, Kenya currently has more than 50 times the number of infrastructural projects as Tanzania.
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Haingi akilini, if Tanzania, Uganda Rwanda can run their economies with little money, why Kenya can't. With all the money you mention but water, electricity, food, basic public services are still a huge problem. Corruption and mismanagement of public funds is sinking Kenya..
 
Mwanzi1 said:
Haingi akilini, if Tanzania, Uganda Rwanda can run their economies with little money, why Kenya can't. With all the money you mention but water, electricity, food, basic public services are still a huge problem. Corruption and mismanagement of public funds is sinking Kenya..
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Those things you've mentioned are a huge problem now. That's why we're treating them as a matter of urgency.
Since we don't have the money now, we will borrow, sort out those issues, then pay later.
It's more like a mortgage.
There in Tanzania you've decided to live in shacks until the time you'll have saved enough to build your own house.

And if Tanzania or the countries you've mentioned are running their economies as you claim, then they wouldn't be 3 of the poorest countries on earth. Tanzania wouldn't have the largest population of poor people North of the Limpopo.
 
kennedy0000 said:
Those things you've mentioned are a huge problem now. That's why we're treating them as a matter of urgency.
Since we don't have the money now, we will borrow, sort out those issues, then pay later.
It's more like a mortgage.
There in Tanzania you've decided to live in shacks until the time you'll have saved enough to build your own house.

And if Tanzania or the countries you've mentioned are running their economies as you claim, then they wouldn't be 3 of the poorest countries on earth. Tanzania wouldn't have the largest population of poor people North of the Limpopo.
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Kenya has run out of ability to borrow. Tanzania's ability to borrow is more than 4 times that of kenya, but good public funds management requires using available funds and getting free grants as oppossed to expensive eurobonds
 
kennedy0000 said:
Those things you've mentioned are a huge problem now. That's why we're treating them as a matter of urgency.
Since we don't have the money now, we will borrow, sort out those issues, then pay later.
It's more like a mortgage.
There in Tanzania you've decided to live in shacks until the time you'll have saved enough to build your own house.

And if Tanzania or the countries you've mentioned are running their economies as you claim, then they wouldn't be 3 of the poorest countries on earth. Tanzania wouldn't have the largest population of poor people North of the Limpopo.
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Kenya isn't better is still a poor country too, you still have to borrow so that you can pay debts. Most of Kenya problems are self inflicted, corruption, greediness, and no sense of nationalism. I still don't see the logic of tendering huge budget but delivering below average services.
 
Mwanzi1 said:
Kenya isn't better is still a poor country too, you still have to borrow so that you can pay debts. Most of Kenya problems are self inflicted, corruption, greediness, and no sense of nationalism. I still don't see the logic of tendering huge budget but delivering below average services.
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Kenya is better off economically than it was 10 or 20 years ago.
That amount we have borrowed so far is not anywhere near enough to make Kenya a rich country. That's why we will keep borrowing till we achieve that.
 
kennedy0000 said:
Kenya is better off economically than it was 10 or 20 years ago.
That amount we have borrowed so far is not anywhere near enough to make Kenya a rich country. That's why we will keep borrowing till we achieve that.
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Rwanda Uganda Tanzania will say the same thing if you asked them are they better of today compared to 20yrs ago? (economically). What puzzles me is that, with all that budget Kenya is proposing, you still deliver average service to your people just as your peers. No better policing, no better schools, no better hospitals or enough clean water.
 
Mwanzi1 said:
Rwanda Uganda Tanzania will say the same thing if you asked them are they better of today compared to 20yrs ago? (economically). What puzzles me is that, with all that budget Kenya is proposing, you still deliver average service to your people just as your peers. No better policing, no better schools, no better hospitals or enough clean water.
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We deliver better services comparatively in the region. It's just that bad news sells more, especially where a vibrant media exists.
Kenyans are the highest paid people in the region. And this is across all careers.
There are many programs to build schools and hospitals, and to equip existing. But as I said, the money we have spent is not anywhere enough to make the transition from poor to rich.

All in all, Kenya is miles ahead of its neighbours. Tanzania with twice the land size has half the KMs of tarmac roads.
Kenya in the last few years has grown electricity connectivity from about 30% to over 60%.
Millions or Kenyans now have working health insurance for the first time since independence.

The GDP gap between TZ and Kenya is widening.
What more do you need?

If we can get a loan of $300 billion right now, now that would be enough to immediately transform Kenya.
But since no one is giving us that amount, we build it step by step, but as quickly as possible.
 
kennedy0000 said:
We deliver better services comparatively in the region. It's just that bad news sells more, especially where a vibrant media exists.
Kenyans are the highest paid people in the region. And this is across all careers.
There are many programs to build schools and hospitals, and to equip existing. But as I said, the money we have spent is not anywhere enough to make the transition from poor to rich.

All in all, Kenya is miles ahead of its neighbours. Tanzania with twice the land size has half the KMs of tarmac roads.
Kenya in the last few years has grown electricity connectivity from about 30% to over 60%.
Millions or Kenyans now have working health insurance for the first time since independence.

The GDP gap between TZ and Kenya is widening.
What more do you need?

If we can get a loan of $300 billion right now, now that would be enough to immediately transform Kenya.
But since no one is giving us that amount, we build it step by step, but as quickly as possible.
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Chest thumping with GDP figure while half of it comes out from the most corrupt company Safaricom and fake rebase isn't something to brag about.

Let me put this way, Kenya is building hospital, Tanzania is doing the same. Kenya gives student loans, Tanzania is doing the same, Kenya employ professionals, Tanzania employ them too. Rule electrification nothing new follow Tanzania program you'll know our position. The difference is, one is overcharged and the other isn't. Take look at today proposal in Kenya's politics, electing man and woman for same position in the senate. Who will pay for all that cost? big budget doesn't necessary mean big results, sometimes it means big corruption.
 
Mwanzi1 said:
Chest thumping with GDP figure while half of it comes out from the most corrupt company Safaricom and fake rebase isn't something to brag about.

Let me put this way, Kenya is building hospital, Tanzania is doing the same. Kenya gives student loans, Tanzania is doing the same, Kenya employ professionals, Tanzania employ them too. Rule electrification nothing new follow Tanzania program you'll know our position. The difference is, one is overcharged and the other isn't. Take look at today proposal in Kenya's politics, electing man and woman for same position in the senate. Who will pay for all that cost? big budget doesn't necessary mean big results, sometimes it means big corruption.
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Your argument is like saying; a poor man eats, a rich man does the same. A poor man clothes, a rich man does the same.

Kenya is doing those things you've mentioned by a factor of what Tanzania is doing. For every 1 kilometre of road you're constructing, we're constructing 5.
 
kennedy0000 said:
Your argument is like saying; a poor man eats, a rich man does the same. A poor man clothes, a rich man does the same.

Kenya is doing those things you've mentioned by a factor of what Tanzania is doing. For every 1 kilometre of road you're constructing, we're constructing 5.
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13,000 km minus 7500km thats is hardly 1 in 5 is it? What's funny is to have a country presenting huge budget and yet its people cross over to the lower budget country just to get aspirin or panadol. Something must not be right.
 
MOTOCHINI said:
Nimaoni mazuri ila kumbuka sisi hatufanyi kutafuta sifa kama wenzetu
Tupo makini ndio maana Saivi Reli toka Tanga kwenfa Arusha inaboresha mwaka huu itakamilika
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Kwenye sekta ya uchukuzi Tanzania tunakuja kwa speed kali. Huku reli, huku ndege huku mabarabara yanaimarishwa mambo ni hiviiiiiii
 
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