Tanzania has 5B$, Kenya has 8.6B.Before or After EuroBond 2? $1.6B Was Debited to the consolidated a/c Just Last week
Minus $2 bln loan CBK took from Eurobond to stabilise the liquidity.Kenya Has $7bn reserve. Ofcourse All of it borrowed
Once the majority wakitaka unalakusemaLabda aongezewe muda wa kukutawala wewe na mume wako!!
Give us that evidence from the Kenyan sideTanzania has 5B$, Kenya has 8.6B.
Tanzania can import for 6 months while Kenya can do the same for 5.7 months.
They need to keep 6 months of imports in their central Banks (at least) for a Monetary Union to function.
It's not how much, but how long.
Tanzania external debt 😀😀😀 Tupatie ya Kenya Check out @CorporateDigest’s Tweet:u guys have dept too growing at a faster rate mmeanza projects sai and already mko 50%
Actually Tanzania is $5.9BMinus $2 bln loan CBK took from Eurobond to stabilise the liquidity.
Sorry, that was by June, 2017 which was the latest KBC bANKING SECTOR PUBLICATION. However by end of October, 2017 the reserves dwindled to 7.2B$ which is enough to cover 4.8 months of imports.Give us that evidence from the Kenyan side
True, Determined by monthly import bill. Not sure how they treat the Eurobond Proceedes now sitting on the cosolidated A/C , but since these funds are to be used in repaying some pending loans that are maturing soon, they must have been used to calculate the figure of ReserveTanzania has 5B$, Kenya has 8.6B.
Tanzania can import for 6 months while Kenya can do the same for 5.7 months.
They need to keep 6 months of imports in their central Banks (at least) for a Monetary Union to function.
It's not how much, but how long.
So its 7.2 vs 5.9Sorry, that was by June, 2017 which was the latest KBC bANKING SECTOR PUBLICATION. However by end of October, 2017 the reserves dwindled to 7.2B$ which is enough to cover 4.8 months of imports.
"The CBK level of usable foreign exchange reserves stood at USD 7.2 billion (4.8 months of import cover) at the end of October 2017 compared with USD8.3 billion (5.5 months of import cover) at the end of April 2017. These reserves, together with the Precautionary Arrangements with the IMF, equivalent to USD1.5 billion, continued to provide an adequate buffer against short term shocks in the foreign exchange market." - 19th Bi -annual Report of The MPC.
https://www.centralbank.go.ke/uploads/monetary_policy_reports/687846906_19th MPC REPORT - October 2017.pdf
Ebu nitajie nchi moja tu, ambayo kiongozi kakaa madarakani kwa muda mrefu (kwa kubadili katiba na kujiongezea muda) na nchi hiyo imeendelea?Viongozi wanaitaji muda zaidi wakukaa madalakani
We una sh ngapi?poor country only $5b
No. It's more like 4 months vs 7 months of imports.So its 7.2 vs 5.9
We una sh ngapi?poor country only $5b
Ya Kenya ile 60% debt to GDP ratio is not covering internal debt.Tanzania external debt 😀😀😀 Tupatie ya Kenya Check out @CorporateDigest’s Tweet:
Evidence inaonyesha ni 7.2 ya KenyaWakenya wamezoe ku coock data. Hata hapa JF pia wana coock data. Imagine from $8 to $15. Hata hiyo $8 pia siamini
ok. kila la heri.Hayo yamesemwa leo na Raisi Magufuli alipokuwa akikabidhiwa report na CAG.
Amedai kuwa reserve ya Bank of Tanzania imekuwa nakufikia $5 billion. Ambayo inauwezo wakuendesha nchi kwa kipindi cha miezi sita(6 month) kama ikitokea emergency yoyote.
Pia amedai pesa yakujenga striglers dam yakuzalisha MW 2,100 ipo. Pia pesa ya 700km za SGR zipo.
Pamoja nayote amedai zaidi ya mabenki 7 makubwa duniani yameshakuja yakitaka kuikopesha Tanzania kwa interest rate ya hadi chini ya 3% kwenye miradi yake mikubwa yakimaendeleo. Hii imetokana na mabenki kuona Tanzania ikisimamia miradi yake mikubwa bila mikopo.
MY TAKE: Kenya kwa sasa kweli iko na reserve au wamesha itafuna kwakulipa madeni??
Pia tutegemee mradi wa SGR kufika kila kona ya Tanzania kama ilivyo kwa barabara.
Naona kuna umuhimu wa Magufuli kuongezewa muda wakutawala Tanzania. Tumpe 20 years.
Kuangalia hayo maongezi ya JPM anzia katikati kwa mbele kidogo inapokalibia kuisha.
Hahaha mbwa kala mbwapoor country only $5b
Kenya Has $7bn reserve. Ofcourse All of it borrowed
Recep Tayyip Erdoğan, Turkey.Ebu nitajie nchi moja tu, ambayo kiongozi kakaa madarakani kwa muda mrefu (kwa kubadili katiba na kujiongezea muda) na nchi hiyo imeendelea?