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

[Kinyungu]

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

==============

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

Ccm ni maneno matupu

 

[eliakeem]

Mr Wivu karibu kwenye uzi.

Sijawahi kuionea wivu kenya.
🤣 🤣 🤣

 

[Kobello]

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.

..... and can't be paid. Instead, you rollover and pay just half a billion in interest.
So much for the coming generation.
But hey!, y'all got a bigger budget than the rest of EAC combined!
Mmmhhh! ... I wonder!

 

[Tony254]

..... and can't be paid. Instead, you rollover and pay just half a billion in interest.
So much for the coming generation.
But hey!, y'all got a bigger budget than the rest of EAC combined!
Mmmhhh! ... I wonder!

I can mention more than 10 major projects that were financed by that debt. Keep on hating.

 

[tuusan]

chief utanisamehe bure kwa kweli, yani bajeti zaidi ya 90% ni matumizi ya kawaida alafu watu wazima wanakenua kama Tarzmania?

Haupo serious kabisa iyo figure umetoa Kwenye chanzo gani?

 

[Daudi Mchambuzi]

Haupo serious kabisa iyo figure umetoa Kwenye chanzo gani?

weka figure zako na taarifa zako hapa.

 

[tuusan]

weka figure zako na taarifa zako hapa.

Tshs 13.26trillions ndio pesa za maendeleo sawa na 37% ya bajeti

 

[Don YF]

Kwahyo bado hamjaamua kutulia okey,vision yenu ya 2030 ni valid but kuna vitu mnaviendekeza vutawachelewesha sana...rushwa zilizokithiri

Changamoto za hapa na pale but tumepiga hatua kwa percentage kubwa.., we have 9 years to go, watch and see how things will pan out bro.

 

[Kobello]

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​

Budget and Plans

5292 VIEWS

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

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

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.

Lagos State Budget 2021: Rekindling Hope, Riding Expectations

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.

www.proshareng.com

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.

Only four states/ local governments Pay for their budgets Lagos, Akwa-Ibom, Rivers and Delta. On average, the States in Nigeria receives 70% of their budgets from Federal government.

 

[Don YF]

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​

Budget and Plans

5292 VIEWS

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

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

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.

Lagos State Budget 2021: Rekindling Hope, Riding Expectations

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.

www.proshareng.com

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.

sufficient facts to silent nay sayers.

 

[tuusan]

Changamoto za hapa na pale but tumepiga hatua kwa percentage kubwa.., we have 9 years to go, watch and see how things will pan out bro.

Ndani ya iyo miaka tisa inabidi GDP per capital yenu isiwechini ya $4000 sasa angalia kasi ya ukuaji wa pato la taifa vs pop yenu...Mimi naona mnahitaji miaka sio chini ya 15 kufika apo hii 9 labda muujiza utokee

 

[Kobello]

I can mention more than 10 major projects that were financed by that debt. Keep on hating.

Okay ....
Why you couldn't finance them from your pockets?
OOh, wait you didn't have the money (duh!).
Now you are rolling over a big ass debt claiming your budget is big.
Miraa haimuachi mtu salama.

 

[Don YF]

Ndani ya iyo miaka tisa inabidi GDP per capital yenu isiwechini ya $4000 sasa angalia kasi ya ukuaji wa pato la taifa vs pop yenu...Mimi naona mnahitaji miaka sio chini ya 15 kufika apo hii 9 labda muujiza utokee

Kenya ni nchi ya ajabu ujue hivyo., the only non-mineral economy in the top 10 best economies of Africa, third largest in sub saharan Africa.., what if we start using the little minerals we have? Uhuru's govt was finalizing on geological mapping of minerals in the country, Lamu offshore is a guaranteed oil rich area., but fortunately kenya haipigi hesabu kwa kuangalia minerals, sijaona anywhere that, ni maoni yangu tu., but Kenya is working at bolstering industrialization and strengthening the counties.., it is possible bro.

 

[Don YF]

Okay ....
Why you couldn't finance them from your pockets?
OOh, wait you didn't have the money (duh!).
Now you are rolling over a big ass debt claiming your budget is big.
Miraa haimuachi mtu salama.

Semi illiterate reasoning 😂 😂 😂 😂 too pedestrian😂😂😂, watanzania akili zenu munaziwacha wapi?

 

[Kobello]

Semi illiterate reasoning 😂 😂 😂 😂 too pedestrian😂😂😂, watanzania akili zenu munaziwacha wapi?

Pedestrian???
Hehe .... kumbe hili ni tusi?
I have learned something today.WTF???

 

[Don YF]

Pedestrian???
Hehe .... kumbe hili ni tusi?
I have learned something today.WTF???

sio tusi ni dharau mnayo jiletea out of your ignorance 😂 😂 😂 😂 😂

 

[Kobello]

sio tusi ni dharau mnayo jiletea out of your ignorance 😂 😂 😂 😂 😂

Pedestrian ....
Hehe, hapo miraa na uji kwenda mbele.

 

[nomasana]

fellow Kenyans, you are trying to have discussion about money/numbers with people who have not seen a mathematics teacher enter a classroom.

 

[Opportunity Cost]

Miaka 5 iliyopita tulipoteza chini ya yule dikteta uchwara ila sasa mama kaanza vizuri atatumia mixed forms kwenye public finance kuanzia euro bonds,sovereign bonds,ku float infrastructure bonds,PPP,tax ya kawaida na mikopo nafuu kuchochea uchumi na kugharamia miradi yeneye tija.

Mama anaamini kwnye taasisi tofauti na dikteta ndio maana ametoa pesa za kutosha kugharamia barabara,afya na elimu kwa njia rahisi tuu za transactions na fuel tax hapa atacheza kama pere bila kuvimba ndita kama mwendazake.

 

[Kafrican]

Hehe .... Not true.

What is not true?