East Africa now owes China $29.4 billion in infrastructure loans

Wanaelewa wako wanajifanya vichaa tu. SGR management wameikabidhi wa China. Kuendelea kukopa mwisho wake watakabidhi Mombasa Port! Nawaonea huruma sana maana hela wanazokopa zinaliwa na wajanja
 
We Ken zero zero vipi! Mbona mishipa inakutoka kutetea deal za watu! Au na wewe unatokea Gatundu
 
Hapa inaonyesha Japan ilishakopa hadi kufikia 250%, onyesha ni nchi gani masikini iliyovuka 70%. Acha kupingana na ukweli, Kenya mpo na hali mbaya sana, msipokua makini mtaomba bail out soon.

Here is your list. Poor countries with a debt to gdp ratio of above 70%.

All of these are LDCs and middle income countries with a gdp per capita of mostly below $5000. I have missed several.
Kenya is listed at 55%. If I was compiling a list of countries with a gdp to debt ratio above Kenya, I would finish tomorrow.

Albania - 71%
Angola - 87%
Antigua - 98%
Bhutan - 102%
Cape Verde - 126%
Congo - 119%
Dominica - 87%
Egypt - 103%
Eritrea - 131%
Gambia - 123%
Ghana - 72%
India - 70%
Jamaica - 104%
Jordan- 96%
Mauritana - 91%
Mongolia - 91%
Morocco - 77%
Mozambique - 102%
Sao Tome... - 83%
Sudan - 126%
Togo - 79%
Yemen - 141%
Zimbabwe - 78%

Also, the fact that world bank and IMF have shown a bias against issuing African countries with loans has nothing to do with debt to GDP, but rather their well known political requirements.

China is changing that.
 

Now you've started introducing new terminologies. Where did you hear 'debt to revenue'?
The more you open your mouth the more you prove you're a retard.

But anyway,
USA collected $3.3 Trillion in 2017. Their debt is $21 Trillion. (A factor of 7)
Japan collected $0.5 Trillion in 2017. Their debt is $9.6 Trillion. (A factor of 20)
Kenya collected $13.6 Billion in 2017. Our debt is $55 Billion. (A factor of 4)

It goes without saying who is capable of paying their current debt.

And then once again you run your mouth that I show you a country that is a net importer with a debt to gdp of over 70%.
The great USA is a net importer, with a debt to gdp ratio of over 100%.

In fact, the vast majority of countries on earth are net importers.
 
Link please
 
Here comes the fool again. what is the total Revenue of Japan / usa relative to their debt?
Again show me a country that is a net importer with debt to gdp of over 70% and its not having a greece/argentina type of crisis.

Going with our revenue collection vs debt, we would take 4 years if we spent all the revenue to clear the debt.

At the same time, if we were to take your example, a debt of $20 billion vs revenue of $6.5 billion, Tanzania would take 3 years to clear its debt.

I'm sure 1 year difference is not the kind of time you had in mind when spelling doom for Kenya.

I'm also sure if we go through debt to GDPs of other countries, compared to their revenue collection, some would fair worse than Kenya, despite having a lower debt to gdp ratio.
 
Kenya is over 65% as we speak!
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…