Economists raise concern that Kenya's official GDP figures may be cooked!

Economists raise concern that Kenya's official GDP figures may be cooked!

Cicero and your colleagues
In 2013 kenya was collecting 700bn
In 2017 it is collecting 1.4 trn apprx.
50% increase just like our gdp within the same period. Look for something else.
 
Iconoclastes said:
I know that AllAfrica aggregate their stories from the other newssites, but only from the most credible sources, only postinf the stories after counterchecking the credibility of the news with other sources.

And btw, nyinyi kwanza tangu lini mkaamini sources zingine kama si zile za CCM?

Hata WB, IMF, Wfp na kadhalika huwa mnazitaja kama propaganda za wazungu, vipi tena leo?

Haya, hebu pinga basi hiyo ripoti ya AfDB. Ama pia ilihongwa na Kenya na Geza alidai wakati mmoja?
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WB reports zinasema poverty level Kenya ni 57% wakati Tanzania around 30% na haisemi ati Nairobi ina 8000 millionaires bali ni reports za kupika toka Knight Franklin a real estate firm. Ujiulize. ..[emoji115]

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Kambalanick said:
Cicero and your colleagues
In 2013 kenya was collecting 700bn
In 2017 it is collecting 1.4 trn apprx.
50% increase just like our gdp within the same period. Look for something else.
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Your source of this data is.......the Kenyan government. Which lacks good statistical capacity according to the World Bank. That data could as well be made up.....who knows?
 
Mwanzi1 said:
The jury is still out, KE finance CS haven't come out and refute this information.
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As a finance minister of a country, it's really low key trying to respond to some unknown website's ramifications, especially when more serious things are at hand
 
Iconoclastes said:
I know that AllAfrica aggregate their stories from the other newssites, but only from the most credible sources, only postinf the stories after counterchecking the credibility of the news with other sources.

And btw, nyinyi kwanza tangu lini mkaamini sources zingine kama si zile za CCM?

Hata WB, IMF, Wfp na kadhalika huwa mnazitaja kama propaganda za wazungu, vipi tena leo?

Haya, hebu pinga basi hiyo ripoti ya AfDB. Ama pia ilihongwa na Kenya na Geza alidai wakati mmoja?
Click to expand...

Kosa lako kubwa ni hizo unazoita credible sources! Halafu una maana gani kusema sisi tunaamini sources za ccm? Nani aliwahi kutumia references za ccm hapa?

Unlike you ambaye unashabikia jubilee, mimi sina mlengo wa siasa isipokuwa my country! That's y mda mwingine huwa naikosoa nikiona wanafanya tofauti na mtazamo wangu!



Kuhusu hizo international organisations habari wanazoandika baadhi ni kweli nyingine sio kweli! Hivyo ni lazima upime uone ukweli maana akili tunazo! Sio kila kitu ukibali na kila kitu ukatae!
 
Cicero said:
Your source of this data is.......the Kenyan government. Which lacks good statistical capacity according to the World Bank. That data could as well be made up.....who knows?
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No govt can ever cook data about Tax collection because unlike GDP, Tax has to all be accounted for to the very last penny, what you say you collected has to show up in the Central bank account Number!
Also once you say you collected this amount of money, then you have to budget for it, and its parliament that budgets the money so really there is no way you can lie... So if tax collection has doubled in a few years, how hard is it to see that GDP would be the same?


Even with these claims of inaccurate GDP, I don't know how Tz think, but even with that, You can never lie about GDP for more than 3 years, The numbers have to add up, if you say a certain economy grew by 8% then you have to show the figures and how it leads to that 8%, maybe you can get away with one or twi years but after that you cant hide it, unless you refuse to give WB your papers like what Ethiopia does, but if you give them your financial records then they will know if you lied
And people should also know, there is a difference between statistics and financial records, the two are not the same......
 
Ethiopia if u go to the ground, u can't even compare to KE or Tz! Tanzanians here are struggling hard to force n believe KE GDP is near there's! na uki calculate % ya economic growth each year, hata si wa kasi kama ya Tz n add the findings its adding up.,
 
Cicero said:
Your source of this data is.......the Kenyan government. Which lacks good statistical capacity according to the World Bank. That data could as well be made up.....who knows?
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http://www.reuters.com/article/kenya-tax-idUSL5N1KB6GA

for 2012 is within the many words and data... if you are willing to read
http://www.kra.go.ke/notices/pdf2014/Revenue Performance Report 2013 - 14 FY.pdf

Finally you can not lie about revenue collection, because if you don't use it or show results for it, then it is taken as corruption. You also have to budget for it something done by the parliament in Kenya.
Institutions in Kenya are independent including KNBS, they just collect the data, KRA collects taxes, the treasury makes plans for the country...the parliament checks these institutions and they also check each other.
In Kenya you can lie about many things but not money, because there are some many checks you have to go through with platforms like IFMIS, seriously look for something else.
 
Mwanzi1 said:
The jury is still out, KE finance CS haven't come out and refute this information.
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KE finance minister is under no obligation to respond to such unsubstantiated allegations. His brief and jurisdiction is Kenya and kenyans, not some obscure academic.
The problem with most western academics is that the so called african experts are never based in Africa, have outdated and patronizing attitudes towards the continent, and are under the mistaken belief that FDI and FDI alone can contribute to "growth".
It will serve you well to take with a pinch of salt everything that comes out of their mouths. I suggest you google the name Dambisa Moyo and read all articles and material attributed to her to get off the addition of west is best..
 
Quickly said:
KE finance minister is under no obligation to respond to such unsubstantiated allegations. His brief and jurisdiction is Kenya and kenyans, not some obscure academic.
The problem with most western academics is that the so called african experts are never based in Africa, have outdated and patronizing attitudes towards the continent, and are under the mistaken belief that FDI and FDI alone can contribute to "growth".
It will serve you well to take with a pinch of salt everything that comes out of their mouths. I suggest you google the name Dambisa Moyo and read all articles and material attributed to her to get off the addition of west is best..
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I disagree that Kenyan finance CS is only answerable to Kenyan people. He borrowed from foreign institutions, perhaps with wrong information. Those institutions will want to know if the allegation is true or not. He has an obligation to clear Kenya's name and make sure the information he offer to creditors is correct. So yeah, his word means a lot.
 
Mwanzi1 said:
I disagree that Kenyan finance CS is only answerable to Kenyan people. He borrowed from foreign institutions, perhaps with wrong information. Those institutions will want to know if the allegation is true or not. He has an obligation to clear Kenya's name and make sure the information he offer to creditors is correct. So yeah, his word means a lot.
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My friend, the problem here is this western academic whose unable to reconcile his graphs and charts with the reality on the ground. Happens all the time. Uache kufikiria projections za wazungu are the only ones that count. Afu hawa sijui capital economics wanadhani wana majibu kwa kila problem. They desperately wanted Malaysia to fall during the 1997 SE Asian economic crisis, but they didn't reckon with that country's resilience and up to that point its burgeoning manuf sector and deliberate govt intervention to save the currency . They were proved hopelessly wrong, how about that! They aren't a panacea in other words.

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Quickly said:
My friend, the problem here is this western academic whose unable to reconcile his graphs and charts with the reality on the ground. Happens all the time. Uache kufikiria projections za wazungu are the only ones that count. Afu hawa sijui capital economics wanadhani wana majibu kwa kila problem. They desperately wanted Malaysia to fall during the 1997 SE Asian economic crisis, but they didn't reckon with that country's resilience and up to that point its burgeoning manuf sector and deliberate govt intervention to save the currency . They were proved hopelessly wrong, how about that! They aren't a panacea in other words.

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But why is so difficult for Mr. Minister to come out and say one word and we shall be healed. Why is so hard, because up to this day no one can explain were euro bond money went and all Kenyans will have to pay back that money. On top of that if the money was obtained on false information is even sickening. You might blame the west, but they are reading the chart Kenya provided matching with information obtained from other sources. That's how investigation works.
 
Mwanzi1 said:
But why is so difficult for Mr. Minister to come out and say one word and we shall be healed. Why is so hard, because up to this day no one can explain were euro bond money went and all Kenyans will have to pay back that money. On top of that if the money was obtained on false information is even sickening. You might blame the west, but they are reading the chart Kenya provided matching with information obtained from other sources. That's how investigation works.
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As has been pointed out, a minister does not respond to the gallery. End of discussion.

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Quickly said:
As has been pointed out, a minister does not respond to the gallery. End of discussion.

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Haha [emoji23][emoji23] [emoji23] your closing the chapter with no credible answer, you must be a person working in PR. OK I rest my case
 
Mwanzi1 said:
Haha [emoji23][emoji23] [emoji23] your closing the chapter with no credible answer, you must be a person working in PR. OK I rest my case
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Which other media story has corroborated that claim by the Kenya WS? I have searched for that even in the Capital Economics website but no.
 
Mwanzi1 said:
Haha [emoji23][emoji23] [emoji23] your closing the chapter with no credible answer, you must be a person working in PR. OK I rest my case
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Which other media story has corroborated that claim by the Kenya WS? I have searched for that even in the Capital Economics website but no.

That report sounds like propaganda aimed at tainting the Uhuru govt.

U can even check that Kenya Wallstreet website, it has so little in terms of content, meaning it was founded only recently, clearly as propaganda tool.
 
Iconoclastes said:
Which other media story has corroborated that claim by the Kenya WS? I have searched for that even in the Capital Economics website but no.

That report sounds like propaganda aimed at tainting the Uhuru govt.

U can even check that Kenya Wallstreet website, it has so little in terms of content, meaning it was founded only recently, clearly as propaganda tool.
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And why is your cabinet is discussing about? that's why you haven't seen Rotich coming out and deny it.
 
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