Kenya to stage US roadshow in drive for $3b Eurobond

For the current 2018 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,005 or less in 2016; lower middle-income economies are those with a GNI per capita between $1,006 and $3,955; upper middle-income economies are those with a GNI per capita between $3,956 and $12,235; high-income economies are those with a GNI per capita of $12,236 or more.

Please note: Regions in this table include economies at all income levels. The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. Click here for information about how the World Bank classifies countries.

And this is what I wrote:

That's a World Bank classification, while LDC is a UN classification. Two different sets of criteria.

According to World Bank a country with a GNP of $1,006 to $3,955 is considered a lower middle class country.

A country with GNP of $3,956 to $12,235 is considered an upper middle income country.

Seychelles for example, is a high income country, while Brazil, India, Russia, China and South Africa (BRICS) are upper middle Income countries.

You call that copy and Paste? Anyways, at least you learned something today. So, stop that LDC this and LDC that. That ish is so amateurish.
 
Hujawahi kuingia huko. Sub-Saharan Africa ni Botswana peke yake aliyetoka huko, na sasa ni zamu ya Angola na Equatorial Guinea next. Nyinyi ni non-classified. Just take care of that Chinese Loan before you get f*cked up.
 
Tony254 said:
Good you have clarrified. I was going to eat your ass alive with statitistics from WB until tomorrow. As for the U.N classification, who cares? No one takes the U.N seriously anymore. They can rank us where they want.
Click to expand...
Actually hujaelewa. It's The UN that ranked TZ as an LDC, something that you guys use as a pompom. Be honest, you don't know nothing about these things. I feel embarrassed just debating with you.
 
pingli-nywee said:
Anabadilisha gia baada ya kugundua kwamba kwenye vision yao ya 2025, wanataka kufanya vitu ambavyo Kenya tulishayatimiza zamani sana. Mwanzoni alisema Tz ni LDC, kwa kupenda kwao. Bottom line, bado hawajajinasua!
Click to expand...
Zamani sana lini? Hii hapa data ya 2014 from IMF Handbook,


Those in green are LDCs, so by 2014 Kenya was still a low Income country with a GNI of 800$ thanks to rebasing (cooking?), you became a lower middle Income country in 2015.
 
pingli-nywee said:
Anabadilisha gia baada ya kugundua kwamba kwenye vision yao ya 2025, wanataka kufanya vitu ambavyo Kenya tulishayatimiza zamani sana. Mwanzoni alisema Tz ni LDC, kwa kupenda kwao. Bottom line, bado hawajajinasua!
Click to expand...
Tanzania ingesema 1971 kuwa hatutaki kuwepo kwenye hiyo list, tusingekuwepo mpaka leo. Ghana did it!
 
Kobello said:
Actually hujaelewa. It's The UN that ranked TZ as an LDC, something that you guys use as a pompom. Be honest, you don't know nothing about these things. I feel embarrassed just debating with you.
Click to expand...
I deal with WB only mambo ya U.N peleka huko. Secondly as of this moment, Tanzania is classified as a less developed economy with gnI per capita of less than $1, 005. Kenya on the other hand is an MIC as you have already accepted after serious pressure.
 
Kobello said:
Tanzania ingesema 1971 kuwa hatutaki kuwepo kwenye hiyo list, tusingekuwepo mpaka leo. Ghana did it!
Click to expand...
Wewe unajua Kenya ya 1971 ilikuwa ni nchi ya aina gani? Sawa na Singapore and the so called Asian Tigers. Mnachongoja ni nini kama Tz, au ndo mnavutavuta blanketi kwanza?
 
You can bark all you want. The only thing remaining is you telling me that Tz is not an LDC and its economy is larger than Kenya's!
 
pingli-nywee said:
Wewe unajua Kenya ya 1971 ilikuwa ni nchi ya aina gani? Sawa na Singapore and the so called Asian Tigers. Mnachongoja ni nini kama Tz, au ndo mnavutavuta blanketi kwanza?
Click to expand...
In 1971 Kenya had a GNI of 110$. Singapore's GNI was then 1050$. Stop believing those stories. Now Im really embarrassed, it's a shame!
 
pingli-nywee said:
You can bark all you want. The only thing remaining is you telling me that Tz is not an LDC and its economy is larger than Kenya's!
Click to expand...
Using Purchasing Power Parity, Tanzania has a larger GDP and GDP per capita.
 
In 2014 your GNI was 800$. So, we will get there, and you wont have anything else to say. Hiyo Data ni ya IMF, siyo UN. Bado umechanganyikiwa.
 
Kobello said:
Tanzania ingesema 1971 kuwa hatutaki kuwepo kwenye hiyo list, tusingekuwepo mpaka leo. Ghana did it!
Click to expand...
So unachojaribu kusema ni kuwa T.Z in 1971 ingeamua kusema haitaki kuwa LDC, U.N ingekubali na kuwapeleka hadi middle income? Hahaha that is the best comedy I have heard since Chris Rock stand-up comedy. Enhe, halafu nipe data ya economy ya Tanzania ya 1971 nifanye calculations zangu pia. Sikujua T.Z economy ingekuwa middle income in 1971 kama mungetaka ila tu hamkutaka iwe hivyo. Swali ni kwanini hamkutaka iwe middle income?
 
Kobello said:
In 1971 Kenya had a GNI of 110$. Singapore's GNI was then 1050$. Stop believing those stories. Now Im really embarrassed, it's a shame!
Click to expand...
You should be embarrased of yourself. Where did I mention Kenya's GNI or even GDP in comparison of Kenya of the 70's and the Asian Tigers? I only mentioned Singapore and such nations as they have always been mentioned, in context of growth and prosperity of Kenya then. Am now waiting for you to tell me that Tz had a larger economy than Kenya in the 70's after telling me that is the case in 2018. You are so predictable like a roll of tissue paper!
 
Kobello said:
Using Purchasing Power Parity, Tanzania has a larger GDP and GDP per capita.
Click to expand...
Hehehe! 😀 There, this is what you should have stated, like a man, in your first comment on this thread. Instead of filling the servers with tripe and rubbish like a woman in a beauty salon! You think arguing here in Kenya News will make you look smarter? At the end of the day, you are still a green LDCian 😀 in Tanganyika, green with envy about Kenya! You are growing old Kobello! 😀
 
It's good to grow old. It's awesome to have wrinkled ballz, who wouldn't want those? They are wrinkled in the first place!

Phew!! Back to LDC again?
 
Kobello said:
Using Purchasing Power Parity, Tanzania has a larger GDP and GDP per capita.
Click to expand...
All serious economists know that GDP norminal ndio muhimu. Hio GDP PPP uliyoongelea huwa useless sana na haitumiki sana kwa country to country comparison. Ila nakubali GDP PPP inamatumizi yake in economics lakini mapungufu yake ni mengi. Naeza kukuelezea mapungufu yake ukitaka. Hata China ina GDP PPP kubwa kushinda U.S lakini U.S ina GDP norminal kubwa kushinda China. Najua leo umejifunza kitu kipya.
 
No, they would have just left us alone, the way they did to Kenya up to 2014. You had all the Characteristics of an LDC, and graduation would have been 2020 if everything went fine. So, practically Kenya is an LDC as of now. We are all poor brothers, let hug each other.
 
Used by OECD, UNDP, UNIDO, IMF etc..
 
Kobello said:
Used by OECD, UNDP, UNIDO, IMF etc..
Click to expand...
I did not say it is not used totally but for the purpose of country to country comparison, GDP norminal is better preferred. Ngoja nikupostie link from Wikipedia ya GDP hizo mbili ndio ufahamu tofauti. By the way World bank huwa inatumia GDP norminal kucalculate GNI. As I have said, kama GDP PPP ingekuwa soooo important then China ingekuwa the biggest economy in the world na Tanzania ingekuwa bigger than Kenya. But unfortunately for you, GDP PPP is usually used only as an indicator of purchasing power of one country relative to another. Yaani mzungu akiwa na $100 anaeza purchase more goods in T.Z than in Kenya. Or to put it differently goods in T.Z are cheaper than in Kenya
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…