Repoti ya IMF itatoka mwakani, si ungoje tu. Ndio wamefanya rebasing last monthWTF!?'!Ati nani Mr wadieh hahahahahahahahahaha sisi tunataka Official report ya IMF WC etc.sio huu upuuzi,nchi yenye inadaiwa vya kutosha ukikata deni hiyo GDP ya haizd 20$billion...deni tupu hapo.monkey bado uko-rada.
Soma habari. Wacha kelele. Ghana imeshawapita. Inawaongoza kwa GDP, tena ndio Africa’s fastest growing economy, worlds largest cocoa exporter, oil prices are going up, skilled work force, what Else do you need?...while Tz are busy kissing the emperors ass Ghana wanasonga mbele. You’ll never catch upWTF!?'!Ati nani Mr wadieh hahahahahahahahahaha sisi tunataka Official report ya IMF WC etc.sio huu upuuzi,nchi yenye inadaiwa vya kutosha ukikata deni hiyo GDP ya haizd 20$billion...deni tupu hapo.monkey bado uko-rada.
First, you have said nothing..You dont understand economics.The rest is just you usual bile.
I know its not annually fool.
Fact remains, we haven't rebased ours.
😎😎. Now lets assume Tz never devalued their currency by 40% .. Assuming you know that GDP Is Quoted in current dollar prices, Tz GDP would be 40% larger, that is by simple calculation 140% of $52bn which is $72bn, not bigger than kenya but within a billion dollar margin. and not mentioning that kenya has borrowed $40bn more than Tz..Usidharau wabongo, The days of a lazy bongo country are gone
Which metrics my friend?Using big economic calculations, no matter how pedestrian, will not save you from the obvious.
If Tanzania's GDP is as close to Kenya as you say, your revenue collection would not be half Kenya's.
You may sit down in an office to cook data, but at the end of the year, the amount of money generated will be known.
And that is just revenue, not to mention every other metric known to man, that shows Tanzania is miles behind Kenya.
Your true GDP is likely even below what your government statistics cooking department claims its is.
The one in Italy collapsed out of expired lifespan while in Kenya a week after Uhuru launched don't compare two different things!A very huge and famous bridge also collapsed in France the other day. I guess Kenya is in the right company.
The one in Italy collapsed out of expired lifespan while in Kenya a week after Uhuru launched don't compare two different things!
Which metrics my friend?
Let me educate you
GDP ppp Tz is ahead
GNI Tz is ahead.
FDI Tz is ahead
Balance of trade Tz is positive(net exporter)
Debt to GDP 30% VS kenya 67%- Kenya has borrowed $40bn more than Tz
GDP tz is behind only because they devalued their TZS by 40% and ofcourse they GDP is quoted in current $$ pr. Revenue from taxes has nothing to do with the size of the economy, Kenya is officially the most taxed nation in africa
Revenue from taxes has nothing to do with the size of the economy, Kenya is officially the most taxed nation in africa
You misconstrue HDI indicators with GDP indicators.The metrics that matter for better quality of life.
Most important - HDI (Kenya leads)
GDP per capita (salaries) - Kenya ahead
Doctor to population ratio - Kenya ahead
Police to population ratio - Kenya wins
KM of tarmac roads - Kenya wins despite having the smaller country
Electricity connectivity - Kenya 75%, Tanzania 32%.
etc.
Debt to GDP ratio is a lame stat. Otherwise countries like US and Japan with over 100% would be the poorest in the world.
And Tanzania has never been a net exporter. Just like almost all African countries, you import more than you export.
Kenya by the way imports about $15 billion (2016 figures) while Tanzania imports only $8 billion. Shows your true purchasing power.
And I know what you'll say, that Kenya imports a lot of food. Truth is that does not even make up 5%.
Apart from Gold, precious ores and other minerals (exported raw), Tanzania has about the same export $ as Rwanda.
In Kenya virtually all our exports are out of hard work, not the gift of nature.
If Tanzania was as close to Kenya's GDP as you've made yourself believe, you would be importing a lot more cars (because you don't manufacture locally), petroleum, electronics, industrial machinery etc.
As it stands, Kenya imports almost double of everything.
Meaning there are probably double the number of cars on Kenyan roads. Double the households with things like fridges and microwaves. Double everything.
Not to mention you have the higher population.
View attachment 892796
View attachment 892798
You misconstrue HDI indicators with GDP indicators.
Yes Kenya is ahead in HDI than even Nigeria..But Nigeria is the biggest economy in Africa. Stick to one discussion stop Jumping jumping regurgitating Google data that you dont understand,..and on that note GDP ppp should tell you who is enjoying better Quality of life bwn ke & Tz
Swallow your pride because Tz is a Net exporter since 2016 with a surplus of $600mn..Read article below
Tanzania reports a $637m trade surplus in 2017
You ask why Tz does not import as much as Ke? Well you should know Tz has from 2011 saved $7.4bn by substituting petroleum with gas..And paying for imports using gas rather than Money.
Ghana Tax collection was eq of ksh 600bn in 2017 and tanzania is about ksh 800bn..So are you now admiting that Tz Economy is larger than Ghana? See your confusion and contradiction.
Boss you need to be more widely read, you have a narrow and simplistic view of economic data and your conclusions are motivated by hearsay not analysis or logic..
I think is best you stick to memes and Dar vs Nbi nonesense..Hapa hautoboi baba
1)Good to see you have now learnt something useful,Tanzania is a net exporter unlike kenya that imports even toothpicks.Cars, planes and trains (transportation) use petroleum not natural gas. That's what the bulk of petroleum is used for. Industrial use for petroleum, especially in an LDC like Tanzania, accounts for something like 5%.
If you substituted diesel for natural gas, only for industrial uses.
Imports are not government to government. If they exist likely less than 1%. So you cannot say you pay with natural gas.
A trader in Dar will not pay for TVs in China using natural gas.
Sometimes I really wonder how you think. You have this mentality that government is the one that conducts business.
Even in that link you have provided, it says your imports and exports declined.
View attachment 893048
So, if both imports and exports declined, it simply means the surplus is as a result of imports declining by a very very very big margin. Is your economy growing backwards?
What exactly is growing in Tanzania?
Finally, you don't have the monopoly of Googling. Your monopoly is just cooking figures.
Ghana revenue collection
2017 - $6.5 billion
2018 target - $7.9 billion
Tanzania revenue collection
2017 - $6.5 billion
2018 target - couldn't find
Both Tanzania and Ghana had nearly identical tax revenue collection in 2017/18 financial year.
Therefore, for your GDPs to be next to each other, it's merely within the margin of error.
But its very shameful because Ghana has half your population.
You misconstrue HDI indicators with GDP indicators.
Yes Kenya is ahead in HDI than even Nigeria..But Nigeria is the biggest economy in Africa. Stick to one discussion stop Jumping jumping regurgitating Google data that you dont understand,..and on that note GDP ppp should tell you who is enjoying better Quality of life bwn ke & Tz
Swallow your pride because Tz is a Net exporter since 2016 with a surplus of $600mn..Read article below
http://www.theeastafrican.co.ke/bus...trade-surplus/2560-3992184-awif73z/index.html
You ask why Tz does not import as much as Ke? Well you should know Tz has from 2011 saved $7.4bn by substituting petroleum with gas..And paying for imports using gas rather than Money.
Ghana Tax collection was eq of ksh 600bn in 2017 and tanzania is about ksh 800bn..So are you now admiting that Tz Economy is larger than Ghana? See your confusion and contradiction.
Boss you need to be more widely read, you have a narrow and simplistic view of economic data and your conclusions are motivated by hearsay not analysis or logic..
I think is best you stick to memes and Dar vs Nbi nonesense..Hapa hautoboi baba
1)Good to see you have now learnt something useful,Tanzania is a net exporter unlike kenya that imports even toothpicks.
2)Tz unlike kenya is socialist, gvt the biggest spender and importer, so stop asking pedestrian questions like does normal Tz citizens pay for imports with gas.Have you ever checked the fuel cost component in your KPLC bill? I can discuss this but your level of comprehension is dismal
Below is how TZ has saved $7.4bn over the years
Tanzania: Natural Gas Find Saves 15 Trillion/-
3) Let me introduce to you something you dont know Tax- To GDP ratio. Kenya is at 18% for a 74bn GDP while Tz is a low 12% for 52bn. A whole 6% point below kenya per unit of GDP.Ghana is playing in the 20% league while nigeria is at a mere 6%Taxation is not something you can pass judgment on with a certificate in computer packages.
4) You dont know what is GNI and you cant understand what it means when its Tz's is bigger than that of kenya
As I said stick to your lane, Draw memes and pour bile all over. But once in a while pick an economics book, it will reduce the kind of embarassment you get on these streets
4) You dont know what is GNI and you cant understand what it means when its Tz's is bigger than that of kenya
Cars, planes and trains (transportation) use petroleum not natural gas. That's what the bulk of petroleum is used for. Industrial use for petroleum, especially in an LDC like Tanzania, accounts for something like 5%.
If you substituted diesel for natural gas, only for industrial uses.
Imports are not government to government. If they exist likely less than 1%. So you cannot say you pay with natural gas.
A trader in Dar will not pay for TVs in China using natural gas.
Sometimes I really wonder how you think. You have this mentality that government is the one that conducts business.
Even in that link you have provided, it says your imports and exports declined.
View attachment 893048
So, if both imports and exports declined, it simply means the surplus is as a result of imports declining by a very very very big margin. Is your economy growing backwards?
What exactly is growing in Tanzania?
Finally, you don't have the monopoly of Googling. Your monopoly is just cooking figures.
Ghana revenue collection
2017 - $6.5 billion
2018 target - $7.9 billion
Tanzania revenue collection
2017 - $6.5 billion
Of course when your points run out you hide in telling me to draw memes. Seems you're the specialist in that. Very low IQ. Even Trumps makes better excuses for lost arguments.
So you saved $7.4 billion between 2004 and 2015. A whole 11 years.
That's $600 million a year. You really are very thick.
And that was for generating electricity. You didn't save anything. You were simply previously generating electricity using expensive methods.
Even adding $600 million to your current imports, you are still very much in the LDC category. It's still about half Kenya's.
And it's funny how you use the socialist argument when it suits you but otherwise deny.
Are you saying your government is the biggest importer of cars?
The biggest importer of electronics?
The biggest importer of petroleum? Rubber tires? Raw sugar? Clothes? etc. Because those are some of your biggest imports.
I'm starting to think you're retarded?
What specifically does the Tanzanian government import?
Does Makufuli call a public meeting to distribute the clothes he has imported for you, paid using natural gas.
Go check your biggest imports per category and tell me where the government comes in - OEC - Tanzania (TZA) Exports, Imports, and Trade Partners
Ati we are socialists, that's why we import much less. That's the most basic bs argument I've ever heard.
You import less because that's what your income allows you to. Period.
More Kenyans buy cars, and therefore more petroleum import.
More Kenyans buy high-end phones,
More Kenyans buy computers
More Kenyans buy home electronics
Finally on tax to GDP ratio, the trend is: The richer countries have the highest ratio.
USA - 26
UK - 34
Canada - 31
Argentina - 24
Belgium - 47
Denmark - 50
Finland - 54
Japan - 35
EU average - 35
In Tanzania if they charged you some level of taxes there would be a revolution because you'll be left with no money for food. You're very poor to be taxed.
This has been over discussed..Go back to those threads and try and learn somethingIn what alternative facts universe is Tanzania's GNI bigger than Kenya's?
Are you retarded?