Good thing that Museveni is secretly moving away from this shit 1970 diesel train. Time unravels the most complex lies ..and in due time, the kenya SGR lie will come loose, all the truth will be laid bare
Ok,SGR was built to make loss.Phase 2 is less than a year away from completion.
Mahaters watapata tabu sana.
A government does not operate like a commercial entity. Governments build things for the public good, not by looking at the profit prospects.
The SGR train will contribute more to the economy indirectly in terms of new opportunities, opening up new towns, skills, time saved, etc.
If the government operated the way Ndii thinks, then it would never build roads unless they are toll roads. It would never build hospitals unless they are profit-making.. etc.
To recap, SGR was not built to make profits.
Very true!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.
Ok,SGR was built to make loss.
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.
FUN Fact: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.
Hahahaaa.. this is typical, i am waiting for a day a tangible point to come from you. Otherwise you excell in stupidity [emoji1]NIGHT VISION. 😀😀😀
FUN Fact:
Total Revenue that Treasury can raise from Tax+other sources= 1.2Trn
Kenya's Bugdet=3Trn
Defeciate=1.9Trn
Debt repayment per year=870bn
Balance after Debt obligations= 300bn
SGR cost per year running expences=12bn
net cash for running gvt= 298bn
Essecial services (Education+security)=300bn
Conclusion: Failed state no money for any dev unless we borrow at 10% while Tz gets free grants and eurobond investors keep reviewing their credit health to entice them to borrow atleast some cash.
Pedestrian brain.Jifunze basic common sense and stop cooking figures.
Kenya
Budget: KSh3 trillion
Revenue
KRA (Tax) - Sh1.7 Trillion
Foreign borrowing - Sh 282 billion
Domestic borrowing - Sh276 billion
(Amount of borrowing can be reviewed as the year progresses)
National Government (Recurrent takes half. Development takes nearly half) - 1.6 Trillion
Consolidated fund (salaries, DEBT, allowances, UN fees etc.) - 962 Billion
Development will continue as planned.
We get loans because we pay for them. Tanzania has to wait for goodwill from the West to come in every 5 years with meager grants and gifts.
And also remember, Tanzania pays its people very poorly. The spending power is so low that even low-cost airlines are pulling out.
That's why a country of 60 million people can raise half the taxes a country of 50 million people raise, and get away with it.
Tanzania
Budget: KSh 1.4 Trillion
Tax revenue (very hopeful) - Sh 900 Billion
Non-tax revenue - Sh 100 Billion
Local Government (Kenya leaves this to the counties) - Sh36 Billion
You have a hole of 400 billion Kenya Shillings in your already unambitious budget.
When you pay for the running of government, salaries, debts and other recurrent expenditures, you're literally left with nothing.
That's why people with brains have been wondering where 'na pesa yetu' is coming from.
At least here in Kenya we don't hide things. We build highways, hospitals, power stations, rail, etc with loans. And pay back the loans.
Huko Tanzania, you take few loans, and do few things. As a result, your population remains poor.
Kenya has 50 times the projects going on in Tanzania.
Pedestrian brain.
Fun Fact 2:
Kenya loses 608bn per year on corruption.
Cant engage with a fool anymore, have your way. bye
Kubalini tu mmepigwa changa la macho..
Hizo treni mpaka leo waKenya hawaziendeshi.. systems bado zipo Mandarin..
Majirani kukubali kukosea sio vibaya itawasaidia kujifunza.. kama ss tulivyojifunza kwenu.m
I see your English Medium Kenyan teacher is trying very hard. Don't worry, you will soon learn how to use proper tenses. There is your point.Hahahaaa.. this is typical, i am waiting for a day a tangible point to come from you. Otherwise you excell in stupidity [emoji1]
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.
Borrowing to steal, thats why its possible to steal a cool 608bn every year.And yet with all that lost, we're able to:
1. Pay our debts religiously
2. Pay salaries without failure (the highest in the region)
3. Run hospitals, schools, police, army etc.
and other recurrent expenditures.
4. Build the biggest infrastructure projects ever witnessed in Eastern Africa.
For your stupid number of 608 billion to make sense, then KRA must be collecting Sh 3 trillion per year.
You are missing the point. You should red the provided evident documents thoroughly. You are totally right that it was not supposed to be a commercial thing, that is, it was supposed to be built with profits not being a priority like any typical government project to serve the people including businesses. However, the point you missed and I quote is that the "Kenya SGR project was sold as a commercially viable project". That means, the expectations of profits was prioritized before other expectations.
Tl:dr
You say the SGR was not built to make profits. True as in it's what it's expected. However, the government and contractor performed study and implementation of the SGR as a commercial project with expectations that it will bring profits.
Can you give us the data to support your point?
Borrowing to steal, thats why its possible to steal a cool 608bn every year.
mediocre public fund management is allocating only 3bn to agriculture which comprises 70% of GDP while spending 1bn per month (12bn per year) to a railway that brings in only 1bn the whole year.
Statehouse in full of weed smokers