Kenya yakopa $2.5B kimyakimya ili kulipa madeni ya nyuma

[joto la jiwe]

Kenya quietly selling third Eurobond in Europe and the US to

Kenya quietly selling third Eurobond in Europe, US

www-theeastafrican-co-ke.cdn.ampproject.org

Majirani wetu habari za Leo?, hivi hii taarifa ya serikali yenu kuamua kwenda kukopa tena kimya kimya kwa njia ya kuuza hati fungate za Serikali (Euro bonds) ili kulipa mikopo ya nyuma mnaijua?.

Sasa kama mlikopa nyuma kwa ajili ya miradi ya maendeleo, kwanini hiyo miradi inashindwa kuzalisha pesa ya kulipa hiyo mikopo?, hii tabia ya kumkopa Peter ili kumlipa Paul ndio uchumi gani?

 

[Profesa ntare nkobe]

Wazee wa maparachichi ya china

 

[mwaswast]

Kimya kimya aje Sasa Kama ipo kwenye mitandao? Alafu joto la jiwe ile Port ya Bagamoyo imeishia wapi? Betri za ATCL mtanunua zingine lini?

 

[Kevin85ify]

It is not silent, it was in the kenyan media through out the month and it is called fiscal consolidation it is a common practise across many countries and large companies.

 

[mwaswast]

Hii dili ya maparachichi inawaumiza majirani ilhali Wana ya kwao Kama sijakosea ni mihogo na koroshow. Niko sahihi Geza Ulole 🤣🤣🤣

 

[Kevin85ify]

Fiscal Consolidation refers to the policies undertaken by Governments (national and sub-national levels) to reduce their deficits and accumulation of debt stock. Key deficits of government are the revenue deficit and the fiscal deficit

 

[Chamoto]

Talking about keeping up with the Jones by robbing Peter to pay Paul.

 

[Gachuma jr]

Kimya kimya aje Sasa Kama ipo kwenye mitandao? Alafu joto la jiwe ile Port ya Bagamoyo imeishia wapi? Betri za ATCL mtanunua zingine lini?

Tumeshanunua Mkuu na Mashine zinapaa….

 

[Mkikuyu- Akili timamu]

Fiscal Consolidation refers to the policies undertaken by Governments (national and sub-national levels) to reduce their deficits and accumulation of debt stock. Key deficits of government are the revenue deficit and the fiscal deficit

Where is the prospectus?

 

[Kevin85ify]

Where is the prospectus?

A government does not need a prospectus to do fiscal consolidation. Plus the target investors are in London and America, the most important thing for such an issue, is the credit rating of the country combined with the Macro-economic policies that assure investors of returns as promised. What they do is advertise not issue printed booklets.

 

[Mkikuyu- Akili timamu]

A government does not need a prospectus to do fiscal consolidation. Plus the target investors are in London and America, the most important thing for such an issue, is the credit rating of the country combined with the Macro-economic policies that assure investors of returns as promised. What they do is advertise not issue printed booklets.

Every bond has a prospectus that is published, debated and passed in parliament they way Eurobond 1 was done..Those who are saying its being done in secret are the ones who know the procedure of selling bonds..Its aganist public participation rules to issue soverign bond and later pass it in a finance act after the fact. That is the point

 

[joto la jiwe]

A government does not need a prospectus to do fiscal consolidation. Plus the target investors are in London and America, the most important thing for such an issue, is the credit rating of the country combined with the Macro-economic policies that assure investors of returns as promised. What they do is advertise not issue printed booklets.

Problem is to borrow in order to service debts, especially for a country with bad credit rating.

 

[Kevin85ify]

Every bond has a prospectus that is published, debated and passed in parliament they way Eurobond 1 was done..Those who are saying its being done in secret are the ones who know the procedure of selling bonds..Its aganist public participation rules to issue soverign bond and later pass it in a finance act after the fact. That is the point

If that is what you mean you should have been more clear form the onset, this was debated last year in parliament. It is treasury that simply delayed the execution of the same. It was never in secret, in fact the Central Bank of Kenya has this information on it's website. And the GOK also did express the desire to go for another eurobond last year.

 

[joto la jiwe]

If that is what you mean you should have been more clear form the onset, this was debated last year in parliament. It is treasury that simply delayed the execution of the same. It was never in secret, in fact the Central Bank of Kenya has this information on it's website. And the GOK also did express the desire to go for another eurobond last year.

Can you produce reliable evidence to show that this time Euro bond was discussed and passed by Parliament?

 

[Kevin85ify]

Problem is to borrow in order to service debts, especially for a country with bad credit rating.

The last rating we got from Fitch was a B+ and that was in november 2018 which is a really good rating better than any east african country, s&p gave the same rating for 2019 after treasury narrowed it's fiscal deficit. so what information are you riding on apart from hatred of anything Kenyan that pushes you to bring up fake stories that you conjured in your "Kenyaphobia" afflicted brain.

 

[Mkikuyu- Akili timamu]

If that is what you mean you should have been more clear form the onset, this was debated last year in parliament. It is treasury that simply delayed the execution of the same. It was never in secret, in fact the Central Bank of Kenya has this information on it's website. And the GOK also did express the desire to go for another eurobond last year.

Its not about information, its about approval by parliament. This is a requirement for soverign debt, there was nothing like Eurobond on the last finace act or even the current supplimentary finance act.
Any person would be suspicious of that secrecy

 

[joto la jiwe]

The last rating we got from Fitch was a B+ and that was in november 2018 which is a really good rating better than any east african country, s&p gave the same rating for 2019 after treasury narrowed it's fiscal deficit. so what information are you riding on apart from hatred of anything Kenyan that pushes you to bring up fake stories that you conjured in your "Kenyaphobia" afflicted brain.

IMF and Mody gave Kenya credit rating of B from B+, even this article which I have posted corfirms that, unless you haven't gone through it. By getting B, Kenya is the country with poor credit rating together with Burundi.

 

[ndughuri msuya]

Kenya quietly selling third Eurobond in Europe and the US to

Kenya quietly selling third Eurobond in Europe, US

www-theeastafrican-co-ke.cdn.ampproject.org

Majirani wetu habari za Leo?, hivi hii taarifa ya serikali yenu kuamua kwenda kukopa tena kimya kimya kwa njia ya kuuza hati fungate za Serikali (Euro bonds) ili kulipa mikopo ya nyuma mnaijua?.

Sasa kama mlikopa nyuma kwa ajili ya miradi ya maendeleo, kwanini hiyo miradi inashindwa kuzalisha pesa ya kulipa hiyo mikopo?, hii tabia ya kumkopa Peter ili kumlipa Paul ndio uchumi gani?

wamechoka mbaya ndio maana wanamlipa Paul na kumkopa Peter, waje Tz ndogo ndogo hizi tutawapa 😂😂

 

[Kevin85ify]

IMF and Mody gave Kenya credit rating of B from B+, even this article which I have posted corfirms that, unless you haven't gone through it. By getting B, Kenya is the country with poor credit rating together with Burundi.

I swear you idiots must be getting your information from another source that is not in this world. Why do you argue on things you can easily be fact checked. Here is a link to Moody's itself, they gave kenya B2 for stable in February this year. And you have not posted any article, so let me give you straight from the horses mouth.

Moody's - credit ratings, research, and data for global capital markets

Here is a link with ratings from Moody's, s&p and fitch.

Rating: Kenya Credit Rating 2024

countryeconomy.com

God these people are excrutiatingly stupid, why do you lie even on things you can be caught lying on. Jesus Christ, who created these people and never gave them brain.

 

[Kevin85ify]

Its not about information, its about approval by parliament. This is a requirement for soverign debt, there was nothing like Eurobond on the last finace act or even the current supplimentary finance act.
Any person would be suspicious of that secrecy

Parliament is not mandated to do such a thing, what they do is set laws on how much debt Kenya can accommodate and now the ceiling is at 60%(I am not sure), in that GOK can not borrow more than 60% of GDP. Borrowing or not borrowing is a responsibility purely on the National treasury which indicates in the Budget on how much they intend to borrow to plug budgetary deficits and how much they plan to raise locally and contingency plans in case they fail to raise enough local revenue. Parliament only comes in in oversight over how the money is used, debating and passing the budget and reviewing supplementary budgets. Or else every T-Bill and Bond would be passing through parliament for approval.