eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
We are no longer in this phase. Hapa tulishapita kitambo sana.
Punguza ushamba! Sasa unacompare passenger locomotive yenu na shunting locomotive!!! Unajua Shunting locomotive ni nini wewe? can you show me shunting locomotive yoyote nzuri duiniani?
Ama unataka tuanze ku wa enjoy na hili gongo lenu linalotumika na YEPI kukagua reli yenu?
I agree with your analysis regarding developing countries getting high interest loans. Allow me to give my general opinion about this issue, you may or may not agree with my perspective but I want to hear what you have to say about it. For me the problem with our fiscal policy is that we are maintaining a very high budget deficit. Yaani our expenditure far outstrips our revenue. This budget deficit is compensated for by borrowing alot of debt. As long as we continue spending above our means we will keep on borrowing alot of money in order to plug the gaping holes in our budget. Last year our revenue was roughly ksh 1.8 trillion and yet our expenditure was somewhere in excess of ksh 2.8 trillion. That is a budget deficit of almost ksh 1 trillion that has to be paid for by borrowing more debt. This budget deficit ya ksh 1 trillion ni almost 10% of our Gdp. As long as we keep on running these high budget deficits, we will keep on borrowing more debt. The only solution is to reduce the budget deficit to around 4% of Gdp or less. And we can reduce the deficit by either reducing expenditure or increasing revenue. The easiest way is to reduce expenditure because increasing revenue is not easy and takes time. We can cut expenditure by reducing recurrent expenditure instead of reducing investment in infrastructure. The problem with reducing recurrent expenditure is that our current constitution forbids govt from reducing any employee's salaries. So we are in a catch 22 situation. Either the govt fires people because they can't reduce their salaries or they reduce the investments in infrastructure. Firing employees is not a good decision politically and no politician is willing to do so because they will lose votes. So I think the govt will be forced to reduce the amount it spends on infrastructure in order to reduce the budget deficit. However, if the govt is somehow able to increase its revenue collection then there will be no need to reduce expenditure, but as I have already said increasing revenue is not easy and KRA has been missing their revenue targets every year for the last 3 years. So it looks like if the govt wants to reduce budget deficit then they will have to cut investment in infrastructure. However, if the govt refuses to reduce the budget deficit then we will keep on borrowing more and more loans to fill in the holes in the budget. This high budget deficit if not reduced will increase our debt budden to unsustainable levels. Once our debt to Gdp ratio reaches 100% you will start seeing creditors refuse to lend more money to us and also credit rating agencies will automatically reduce our credit rating because of the high unsustainable debt levels. Most banks and creditors will either run away and refuse to lend money to a highly indebted developing country or if they continue lending to us, they will jack up the interest rates even up to 20% p.a to compensate for the risks involved. So more debt leads to more expensive loans, more expensive loans lead to more debt and more debt leads to more expensive loans until you default and then cycle stops after default. Reducing our budget deficit is the only way we have of getting out of this trouble that we find ourselves in.Kwahivyo kwa kifupi umeshindwa kuleta mfano wa nchi yenye iko same level na sisi ambayo imechukua commercial loan sio?
Unajaribu kuniregesha kwa argument ya what happens when you borrow a loan? Well, its pretty standard all over the world, there is nothing special that happened with Kenya's commercial loan to China that doesn't happen everywhere.
The Libor rate that you talked about is not a rate set in stone, it's just a reference point i.e Its the benchmark based from first world countries, it's from that benchmark that you start negotiating your loan interest rate. Kama ingekua tuko Europe ama America then ingekua huu mjadala uko very relevant, lakini sisi tuko Africa bana! Baada ya hio Libor rate lazima waangalie risk ya uwezo wetu kulipa on time, Security risk ya project, e.t.c, Simply put, the market rates for developing world are different from Developed nations, regardless of what the Liboor rates say today.
Kenya's Sovereign credit score is B
View attachment 1789342
View attachment 1789346
Back in 2012 when we borrowed the Loan from China, Our credit rating was B1
View attachment 1789351
___________________________________
Hii ndo maana LDC countries huwa hazipendi kufanyiwa Credit Rating manake hakuna haja, mnangojea mikopo ya bure bure kutoka kwa akina AFDB na WB, lakini kukopa commercially kutoka kwa international market utapatiwa interest rate ya 15% manake rating yenu itaaambiwa ni very high risk of default!
Anyway, you cannot expect Kenya to get cheap commercial loans when the bankers have to speculate for themselves if we can pay back the loan or not. Mpaka ile siku tutakua tunakaribia rating ya A ndo tutakua na uwezo wa ku negotiate for lower interest costs. Kwasasa tutaendelea kugongwa tukijaribu kuchukua loan za aina hio. So unless you can show me an example of another country with a similar economy like ours that managed to negotialte a cheaper commercial loan worth $Billions for an infrastructure project.....
A good insight! u just forgot to mention one thing, ur investment on infrastructure is always overpriced! that area needs to be looked upon from the cost of awarding contracts to the cost of a km of a tarmacked road to the cost of a km of an SGR to the cost of generating 1 MW to the cost of constructing a berth!I agree with your analysis regarding developing countries getting high interest loans. Allow me to give my general opinion about this issue, you may or may not agree with my perspective but I want to hear what you have to say about it. For me the problem with our fiscal policy is that we are maintaining a very high budget deficit. Yaani our expenditure far outstrips our revenue. This budget deficit is compensated for by borrowing alot of debt. As long as we continue spending above our means we will keep on borrowing alot of money in order to plug the gaping holes in our budget. Last year our revenue was roughly ksh 1.8 trillion and yet our expenditure was somewhere in excess of ksh 2.8 trillion. That is a budget deficit of almost ksh 1 trillion that has to be paid for by borrowing more debt. This budget deficit ya ksh 1 trillion ni almost 10% of our Gdp. As long as we keep on running these high budget deficits, we will keep on borrowing more debt. The only solution is to reduce the budget deficit to around 4% of Gdp or less. And we can reduce the deficit by either reducing expenditure or increasing revenue. The easiest way is to reduce expenditure because increasing revenue is not easy and takes time. We can cut expenditure by reducing recurrent expenditure instead of reducing investment in infrastructure. The problem with reducing recurrent expenditure is that our current constitution forbids govt from reducing any employee's salaries. So we are in a catch 22 situation. Either the govt fires people because they can't reduce their salaries or they reduce the investments in infrastructure. Firing employees is not a good decision politically and no politician is willing to do so because they will lose votes. So I think the govt will be forced to reduce the amount it spends on infrastructure in order to reduce the budget deficit. However, if the govt is somehow able to increase its revenue collection then there will be no need to reduce expenditure, but as I have already said increasing revenue is not easy and KRA has been missing their revenue targets every year for the last 3 years. So it looks like if the govt wants to reduce budget deficit then they will have to cut investment in infrastructure. However, if the govt refuses to reduce the budget deficit then we will keep on borrowing more and more loans to fill in the holes in the budget. This high budget deficit if not reduced will increase our debt budden to unsustainable levels. Once our debt to Gdp ratio reaches 100% you will start seeing creditors refuse to lend more money to us and also credit rating agencies will automatically reduce our credit rating because of the high unsustainable debt levels. Most banks and creditors will either run away and refuse to lend money to a highly indebted developing country or if they continue lending to us, they will jack up the interest rates even up to 20% p.a to compensate for the risks involved. So more debt leads to more expensive loans, more expensive loans lead to more debt and more debt leads to more expensive loans until you default and then cycle stops after default. Reducing our budget deficit is the only way we have of getting out of this trouble that we find ourselves in.
Focus and deal with the issue. Facts are dismissed by facts not insults or emotionsNa wewe umeanza kuwa fala eehh.
Very typical Bonobo . Photos make you go gogo gaga.
Your problem is very simple, you are so used to arguing,so much that having constructive dialogue with you seems as arguments.Kweli kabisa mkuu, kalianza kujifanya kako fair now kameanza kuongea upuuzi.
safii sana lets keep this thread updated!DSM to Morogoro SGR April Updates
Hahaha. Huu mkebe bado haujaanza kufanya kazi?DSM to Morogoro SGR April Updates
The only Mkebe i know is in Uhuru's Kunyaland Republic n by Wakunya!Hahaha. Huu mkebe bado haujaanza kufanya kazi?
I agree with your analysis regarding developing countries getting high interest loans. Allow me to give my general opinion about this issue, you may or may not agree with my perspective but I want to hear what you have to say about it. For me the problem with our fiscal policy is that we are maintaining a very high budget deficit. Yaani our expenditure far outstrips our revenue. This budget deficit is compensated for by borrowing alot of debt. As long as we continue spending above our means we will keep on borrowing alot of money in order to plug the gaping holes in our budget. Last year our revenue was roughly ksh 1.8 trillion and yet our expenditure was somewhere in excess of ksh 2.8 trillion. That is a budget deficit of almost ksh 1 trillion that has to be paid for by borrowing more debt. This budget deficit ya ksh 1 trillion ni almost 10% of our Gdp. As long as we keep on running these high budget deficits, we will keep on borrowing more debt. The only solution is to reduce the budget deficit to around 4% of Gdp or less. And we can reduce the deficit by either reducing expenditure or increasing revenue. The easiest way is to reduce expenditure because increasing revenue is not easy and takes time. We can cut expenditure by reducing recurrent expenditure instead of reducing investment in infrastructure. The problem with reducing recurrent expenditure is that our current constitution forbids govt from reducing any employee's salaries. So we are in a catch 22 situation. Either the govt fires people because they can't reduce their salaries or they reduce the investments in infrastructure. Firing employees is not a good decision politically and no politician is willing to do so because they will lose votes. So I think the govt will be forced to reduce the amount it spends on infrastructure in order to reduce the budget deficit. However, if the govt is somehow able to increase its revenue collection then there will be no need to reduce expenditure, but as I have already said increasing revenue is not easy and KRA has been missing their revenue targets every year for the last 3 years. So it looks like if the govt wants to reduce budget deficit then they will have to cut investment in infrastructure. However, if the govt refuses to reduce the budget deficit then we will keep on borrowing more and more loans to fill in the holes in the budget. This high budget deficit if not reduced will increase our debt budden to unsustainable levels. Once our debt to Gdp ratio reaches 100% you will start seeing creditors refuse to lend more money to us and also credit rating agencies will automatically reduce our credit rating because of the high unsustainable debt levels. Most banks and creditors will either run away and refuse to lend money to a highly indebted developing country or if they continue lending to us, they will jack up the interest rates even up to 20% p.a to compensate for the risks involved. So more debt leads to more expensive loans, more expensive loans lead to more debt and more debt leads to more expensive loans until you default and then cycle stops after default. Reducing our budget deficit is the only way we have of getting out of this trouble that we find ourselves in.
These are indeed good plans and if they are implemented then they will reduce the budget deficit. As for MOH, there is no justification for them continuing to receive the same budget as they used to receive before devolution. The extra money goes into people's pockets. This is a perfect example of coruption. As you have said a big part of our revenue gets lost through corruption and poor accounting practices. We have a bloated government with offices that still have messengers. Messengers used to be very important back in the day when there was no mobile phones and so if mkubwa wants to talk to someone in the next building he could just call in a messenger and then instruct him to go and tell so and so to bring me this and that. But nowadays everyone has a mobile phone and you can just call anyone directly without sending a messenger. Messengers also used to be sent to post letters to the post office but with the advent of emails we no longer write letters and therefore do not need such positions. Another major area where the govt wastes alot of money on useless expenditure is buying flowers and newspapers. Even today when you go to some government offices you will still see that at the reception there is a copy of the Daily nation and the standard newspapers. And sometimes these newspapers are delivered to several offices in the same building therefore leading to a huge expenditure on buying newspapers for every office on a daily basis.. Some offices also order a fresh bouquet of flowers every day to place in a vase in front of the reception. This is an expensive affair because flowers don't come cheap. Foreign trips abroad for benchmarking is another area where alot of government resources are wasted on useless trips that don't add any value to Kenya. Another one is ministers and governors travelling in convoys. You will find a minister being escorted by 10 police cars. Is Kenya this insecure that ministers need an entire battalion of policemen to escort them? For me one escort car for a minister is enough. Another problem is the fact that every mkubwa in government wants to drive fuel gazzlers, either a prado or a mercedes benz. These fuel gazzlers can gazzle upto ksh 10,000 per day or even more depending on the distance covered. Each MP is given a prado. Even MCAs wanted prados, I don't know whether they were given their car allowance or not. In short I can estimate that more than 10,000 fuel gazzlers are used by civil servants and politicians. Each day we spent millions of shillings fueling these cars when a VW Passat or a Toyota premio would consume less than half of what some of these guzzlers consume. But a minister would rather die than ride in a Passat. They want the prestige that comes with riding in a big powerful fuel gazzler like a Prado VX latest model or Mercedes S class. You find that even small people like directors in ministries are driving guzzlers and they also have bodyguards. Another area where money is wasted is conferences. You find that everyone wants to go to Naivasha to hold a meeting that they can hold in their offices. For example you can find IEBC officers or Kenya pipeline employees going for a "brainstorming session" or "team building session" in Mombasa while they can brainstorm in their offices. When they go to Mombasa they go for an entire week and they stay in a five star hotel where they eat Italian and French cuisines while they enjoy the sauna and the beach. All these at the expense of our taxes. All these wastages are recorded as recurrent expenditure in the budget. before we start firing people, we should first start by banning bench-marking trips to Israel to learn about dairy farming when we can go to Uasin Gishu and learn about the same. We should do away with these useless and unnecessary expenditures. We should also tackle corruption. We should also sack people with redundant jobs like office messengers. It is very easy to reduce expenditure than to increase revenue and I think doing some of these things will go a long way in helping us balance our budget or maintain a healthy budget deficit.I totally support your logic. Actually having read your analysis made me take a step back and think on this issue of debt. You see, the problem is not so much on borrowing beyond our means, but more to do with borrowing billions of $$$ but not making good use of it. Kenya has a sound economy due to its diversity(If you remove the huge debt) we have all the potential for economic take off, thats why the likes of IMF are still willing to fund us such huge loans. Shida ni kwamba tukipewa izo loans tunazitumia vibaya na kuzi waste. Then we end up using our taxes to pay back loans that no one can account for.
If we were properly utilizing the loans , Trust me, we would be paying them back no problem. Lakini kama kazi ni kuchukua loan ya 30B kujenga kimworor dam au 17B kufanyikisha laptop project alafu at the end of the year, nothing iko kwa ground, then things wont look so good after a few years.
On the issue of reducing recurrent expenditure, if it was me doing government policy , I would moot for a complete overhaul of how government works, (but this can only be implemented by a serious president - not the current leadership). It will be expensive in the short term but very worth it for the long term. It would cost like $1Billion (I know it may sound ludicrous to tell someone that you want to reduce govt recurrent expenditure by spending even more money which will probably come from a loan!!!) but hear me out.
For $1 Billion:
- I don't know what the civil savant demographics are but there are alot of senior people just waiting to retire with their pension, the retiremt age is 60 years, voluntary retire anyone above 54 and give them their full pension.
- If KPA has managed to make port operations paperless, why can't the whole govt go paperless, this alone will make alot of govt jobs redundant. All government services, transactions go digital.. This will need retraining of all govt staff who will be left to the new system. Any govt job that can be done by a machine or a computer should be done by a machine or computer! This will make hundreds of thousands of civil savants loose their job and this is how you make them accept this plan ... GoK will offer to pay for on-the-job training of these civil savants to be absorbed in the private sector. Alot of private companies will be more than happy to benefit from such a deal. e.g if an EPZ factory needs 100 new workers, GoK pays for them to be reskilled/upskilled at this new job. One of the Scandinavian countries has successfully done this in the 70's actually, also a company like IBM did alot of reskilling CPA and Finance workforce who eventually became IT and system Admin guys back in the day. someone who was earning 40k in government would be earning 60k in private sector. GoK will have to guarantee that all those who will loose jobs will find a place in the private sector.
This will completely change how govt works, Technology would have replaced 'dumb' jobs leaving only smart people at the decision and policy making positions, the govt will be much smaller but way more effective. The civil service would no longer be a last option career but the first option where bright students compete for a few lucrative slots. There should probably be a govt think tank made up of technocrats that will be in charge of development policies that GoK implements. e.g this think tank would have looked at the Lapsset project and made sure that procuring for the port equipment, building of the road network to S.Sudan and Ethiopia, and completion of the three births need to be synced together so that they all get completed at the same time, So that financial year all those related project are planed for by implementing agencies.
------------------------------------------
But all of the things that we have talked about are remedies for treating a symptom and not the disease. The real disease that's hurting us is corruption. I would estimate that around $3Billion of money collected by KRA actually never gets into GoK accounts, I would also estimate that we probably loose in excess of $1Billion to Tax evasion. And for the tax money that gets to government, the Auditor General once said that $6Billion of Kenya's budget goes unaccounted for every year!!! Unaccounted doesn't necessarily mean it was stolen, it means there are no receipts to prove what it was used for, So I would guess half of that is just poor accounting but the other half is stolen. So that's around 3+1+3 = $7Billion in total, Money that GoK is supposed to be using for development every year but it gets lost!!!! And this is why we keep spending beyond our means, cause we are spending but we don't get returns that support our spending.
Kama ingekua mimi, the Auditor Generals report will be enough basis to fire a minister and their permanent secretary. If you cant account for your money then that's gross negligence or incompetence, I don't need to prove that you are corrupt! I would actually make parliament make it a law , If you cant account for 90% of your departments money, you are negligent and can be fired without notice! The ministry of health, the ministry for internal security and the ministry of Education and the min.of Infrastructure would be my first target, These ministries takeabout 70% of the budget and the first 2 ministries are notorious for being unable to account for their monies. And BTW, Why is MoH still getting the same amount of money that it used to get before devolution when Health is a devolved function? All they need is money to run a few National referral hospital and coordinate national health programs like vaccinations, why are they still getting money like when they used to run all the hospitals in the country??
diversified economy and u can't feed urself!I totally support your logic. Actually having read your analysis made me take a step back and think on this issue of debt. You see, the problem is not so much on borrowing beyond our means, but more to do with borrowing billions of $$$ but not making good use of it. Kenya has a sound economy due to its diversity(If you remove the huge debt) we have all the potential for economic take off, thats why the likes of IMF are still willing to fund us such huge loans. Shida ni kwamba tukipewa izo loans tunazitumia vibaya na kuzi waste. Then we end up using our taxes to pay back loans that no one can account for.
If we were properly utilizing the loans , Trust me, we would be paying them back no problem. Lakini kama kazi ni kuchukua loan ya 30B kujenga kimworor dam au 17B kufanyikisha laptop project alafu at the end of the year, nothing iko kwa ground, then things wont look so good after a few years.
On the issue of reducing recurrent expenditure, if it was me doing government policy , I would moot for a complete overhaul of how government works, (but this can only be implemented by a serious president - not the current leadership). It will be expensive in the short term but very worth it for the long term. It would cost like $1Billion (I know it may sound ludicrous to tell someone that you want to reduce govt recurrent expenditure by spending even more money which will probably come from a loan!!!) but hear me out.
For $1 Billion:
- I don't know what the civil savant demographics are but there are alot of senior people just waiting to retire with their pension, the retiremt age is 60 years, voluntary retire anyone above 54 and give them their full pension.
- If KPA has managed to make port operations paperless, why can't the whole govt go paperless, this alone will make alot of govt jobs redundant. All government services, transactions go digital.. This will need retraining of all govt staff who will be left to the new system. Any govt job that can be done by a machine or a computer should be done by a machine or computer! This will make hundreds of thousands of civil savants loose their job and this is how you make them accept this plan ... GoK will offer to pay for on-the-job training of these civil savants to be absorbed in the private sector. Alot of private companies will be more than happy to benefit from such a deal. e.g if an EPZ factory needs 100 new workers, GoK pays for them to be reskilled/upskilled at this new job. One of the Scandinavian countries has successfully done this in the 70's actually, also a company like IBM did alot of reskilling CPA and Finance workforce who eventually became IT and system Admin guys back in the day. someone who was earning 40k in government would be earning 60k in private sector. GoK will have to guarantee that all those who will loose jobs will find a place in the private sector.
This will completely change how govt works, Technology would have replaced 'dumb' jobs leaving only smart people at the decision and policy making positions, the govt will be much smaller but way more effective. The civil service would no longer be a last option career but the first option where bright students compete for a few lucrative slots. There should probably be a govt think tank made up of technocrats that will be in charge of development policies that GoK implements. e.g this think tank would have looked at the Lapsset project and made sure that procuring for the port equipment, building of the road network to S.Sudan and Ethiopia, and completion of the three births need to be synced together so that they all get completed at the same time, So that financial year all those related project are planed for by implementing agencies.
------------------------------------------
But all of the things that we have talked about are remedies for treating a symptom and not the disease. The real disease that's hurting us is corruption. I would estimate that around $3Billion of money collected by KRA actually never gets into GoK accounts, I would also estimate that we probably loose in excess of $1Billion to Tax evasion. And for the tax money that gets to government, the Auditor General once said that $6Billion of Kenya's budget goes unaccounted for every year!!! Unaccounted doesn't necessarily mean it was stolen, it means there are no receipts to prove what it was used for, So I would guess half of that is just poor accounting but the other half is stolen. So that's around 3+1+3 = $7Billion in total, Money that GoK is supposed to be using for development every year but it gets lost!!!! And this is why we keep spending beyond our means, cause we are spending but we don't get returns that support our spending.
Kama ingekua mimi, the Auditor Generals report will be enough basis to fire a minister and their permanent secretary. If you cant account for your money then that's gross negligence or incompetence, I don't need to prove that you are corrupt! I would actually make parliament make it a law , If you cant account for 90% of your departments money, you are negligent and can be fired without notice! The ministry of health, the ministry for internal security and the ministry of Education and the min.of Infrastructure would be my first target, These ministries takeabout 70% of the budget and the first 2 ministries are notorious for being unable to account for their monies. And BTW, Why is MoH still getting the same amount of money that it used to get before devolution when Health is a devolved function? All they need is money to run a few National referral hospital and coordinate national health programs like vaccinations, why are they still getting money like when they used to run all the hospitals in the country??
If you had half the semi-deserts and full deserts that we have, you would be worse than us! All of us in EAC are rain fed agriculture economies, only the problem with Kenya is sometimes rain doesn't fall for three consecutive years, and after such a long wait, when it does fall it causes floods because trees had died for lack of water so even after it rains plants are swept away by floods.diversified economy and u can't feed urself!
I totally support your logic. Actually having read your analysis made me take a step back and think on this issue of debt. You see, the problem is not so much on borrowing beyond our means, but more to do with borrowing billions of $$$ but not making good use of it. Kenya has a sound economy due to its diversity(If you remove the huge debt) we have all the potential for economic take off, thats why the likes of IMF are still willing to fund us such huge loans. Shida ni kwamba tukipewa izo loans tunazitumia vibaya na kuzi waste. Then we end up using our taxes to pay back loans that no one can account for.
If we were properly utilizing the loans , Trust me, we would be paying them back no problem. Lakini kama kazi ni kuchukua loan ya 30B kujenga kimworor dam au 17B kufanyikisha laptop project alafu at the end of the year, nothing iko kwa ground, then things wont look so good after a few years.
On the issue of reducing recurrent expenditure, if it was me doing government policy , I would moot for a complete overhaul of how government works, (but this can only be implemented by a serious president - not the current leadership). It will be expensive in the short term but very worth it for the long term. It would cost like $1Billion (I know it may sound ludicrous to tell someone that you want to reduce govt recurrent expenditure by spending even more money which will probably come from a loan!!!) but hear me out.
For $1 Billion:
- I don't know what the civil savant demographics are but there are alot of senior people just waiting to retire with their pension, the retiremt age is 60 years, voluntary retire anyone above 54 and give them their full pension.
- If KPA has managed to make port operations paperless, why can't the whole govt go paperless, this alone will make alot of govt jobs redundant. All government services, transactions go digital.. This will need retraining of all govt staff who will be left to the new system. Any govt job that can be done by a machine or a computer should be done by a machine or computer! This will make hundreds of thousands of civil savants loose their job and this is how you make them accept this plan ... GoK will offer to pay for on-the-job training of these civil savants to be absorbed in the private sector. Alot of private companies will be more than happy to benefit from such a deal. e.g if an EPZ factory needs 100 new workers, GoK pays for them to be reskilled/upskilled at this new job. One of the Scandinavian countries has successfully done this in the 70's actually, also a company like IBM did alot of reskilling CPA and Finance workforce who eventually became IT and system Admin guys back in the day. someone who was earning 40k in government would be earning 60k in private sector. GoK will have to guarantee that all those who will loose jobs will find a place in the private sector.
This will completely change how govt works, Technology would have replaced 'dumb' jobs leaving only smart people at the decision and policy making positions, the govt will be much smaller but way more effective. The civil service would no longer be a last option career but the first option where bright students compete for a few lucrative slots. There should probably be a govt think tank made up of technocrats that will be in charge of development policies that GoK implements. e.g this think tank would have looked at the Lapsset project and made sure that procuring for the port equipment, building of the road network to S.Sudan and Ethiopia, and completion of the three births need to be synced together so that they all get completed at the same time, So that financial year all those related project are planed for by implementing agencies.
------------------------------------------
But all of the things that we have talked about are remedies for treating a symptom and not the disease. The real disease that's hurting us is corruption. I would estimate that around $3Billion of money collected by KRA actually never gets into GoK accounts, I would also estimate that we probably loose in excess of $1Billion to Tax evasion. And for the tax money that gets to government, the Auditor General once said that $6Billion of Kenya's budget goes unaccounted for every year!!! Unaccounted doesn't necessarily mean it was stolen, it means there are no receipts to prove what it was used for, So I would guess half of that is just poor accounting but the other half is stolen. So that's around 3+1+3 = $7Billion in total, Money that GoK is supposed to be using for development every year but it gets lost!!!! And this is why we keep spending beyond our means, cause we are spending but we don't get returns that support our spending.
Kama ingekua mimi, the Auditor Generals report will be enough basis to fire a minister and their permanent secretary. If you cant account for your money then that's gross negligence or incompetence, I don't need to prove that you are corrupt! I would actually make parliament make it a law , If you cant account for 90% of your departments money, you are negligent and can be fired without notice! The ministry of health, the ministry for internal security and the ministry of Education and the min.of Infrastructure would be my first target, These ministries takeabout 70% of the budget and the first 2 ministries are notorious for being unable to account for their monies. And BTW, Why is MoH still getting the same amount of money that it used to get before devolution when Health is a devolved function? All they need is money to run a few National referral hospital and coordinate national health programs like vaccinations, why are they still getting money like when they used to run all the hospitals in the country??