East Africa now owes China $29.4 billion in infrastructure loans

East Africa now owes China $29.4 billion in infrastructure loans

joto la jiwe said:
Wewe kichwa yako iko na wadudu, ni watu katika dunia hii ambapo anayekopa ndio anapanga terms za kukopa?, mwenye pesa ndiye anayeweka masharti ya kutimizwa kabla hajatoa pesa yake, lengo ni kujihakikishia usalama wa pesa yake na kupata faida kwa wakati, eti nchi ndiyo inajipangia ceiling ya kiwango inachokitaka, kwa akili hizi zako Kenya itasubiri sana uchumi wake kufanya vizuri.

Kuhusu ceiling ya kukopesheka, tumia akili kidogo, hivi Chris Kirubi akihitaji mkopo, na mtu toka Kibera akihitaji mkopo toka Bank, nani atakayekopeshwa?, hata Kama Kirubi ameshakopeshwa na Bank hiyohiyo, no rahisi kwa Kirubi kukopeshwa tena kuliko wewe wa Kibera, kwa sababu wewe unajulikana Kama high risk customer.
Japan General Government Gross Debt to GDP | 1980-2018 | Data | Chart
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.
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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
 
kennedy0000 said:
Wewe economist mwitu. Yote hayo watoa kwa kichwa chako.

400% ya USA ni GDP yao mara nne. Kumaanisha ata wakitumia GDP yao ya mwaka kulipa deni, watalipa na miaka nne.
60% ya Kenya ni 0.6 GDP. Kumaanisha tukitumia GDP yetu ya mwaka kulipa deni, tutalipa na miezi kama saba hivi.

Hio inamaanisha concept ya kuwa relative huelewi.

Alafu, hii maneno ya debt ceiling ni nchi yenyewe huamua, ilhali si IMF. USA imekuwa ni huu mjadala na hata hapa Kenya, kuna wabunge walikuwa wanataka tuamue debt ceiling yetu.

You're just making up facts as you go.
IMF can only advice when they think your 'debt to gdp' ratio is high. They have been advising against it, not just in Kenya, but even in developed countries.

And even if I was to engage your flawed made up logic, lending a rich man 400% of annual income, cannot be considered less risky than lending a poor man 60% of his annual income.
The rich man has a higher probability of defaulting.
In fact, common sense should tell you that lending anyone more than he makes per year, no matter how much he earns, is riskier than lending less than what he earns.
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We Ken zero zero vipi! Mbona mishipa inakutoka kutetea deal za watu! Au na wewe unatokea Gatundu
 
joto la jiwe said:
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.
Click to expand...

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.
 
Mkikuyu- Akili timamu said:
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.
Kenya is a poor country that imports basic things including toothpicks and toilet paper. This is Nazi party(Jubilee) propaganda to try and compare kenya with Japan
Click to expand...

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.
 
kennedy0000 said:
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 - 987%
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.
Click to expand...
Link please
 
Mkikuyu- Akili timamu said:
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.
Click to expand...

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.
 
kennedy0000 said:
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.
Click to expand...
Kenya is over 65% as we speak!
 
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