Magufuli outlines why Tanzania will continue borrowing

Tanzania will keep borrowing to finance its mega infrastructure projects, President John Magufuli has declared, dismissing arguments that the national debt would soon be unmanageable.
“Tanzania still has room for further borrowing…What matters are the projects into which we invest the borrowed money,” Dr Magufuli said.
He was responding to some issues raised by the Controller and Auditor General (CAG) Prof Mussa Assad who cautioned that the skyrocketing national debt would soon be out of hand.

JPM outlines why Tanzania will continue borrowing

LDC ndo hiyo yajikaanga kwa mafuta yake

Sasa msichokielewa hapo ni nini?

Annael said:

Sasa msichokielewa hapo ni nini?

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Pesa mlizokuwa nazo za kufinance projects zilienda wapi?

Annael said:

Sasa msichokielewa hapo ni nini?

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Ni kwamba tayari mumeingia kwenye madeni na mnaendelea kukopa ilhali bado mpo maskini, sasa siku mkifikia uchumi wa Kenya mtakua mumeuza nchi.
Madeni yote haya na bado mpo mbali sana...

Annael said:

Sasa msichokielewa hapo ni nini?

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HATUMUELEWI MAGUFULI ANAFANYA NINI PERIOD

MK254 said:

Ni kwamba tayari mumeingia kwenye madeni na mnaendelea kukopa ilhali bado mpo maskini, sasa siku mkifikia uchumi wa Kenya mtakua mumeuza nchi.
Madeni yote haya na bado mpo mbali sana...

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Nadhani hapo unapoa povu tu. Hebu rudia kusoma na usikilize yeye anavyosema.
Hapa Tanzania ni nchi inajiendesha yenyewe. Hatujakopa mpaka sasa na tayari banks 7 zimekuja kuleta request ili sisi tukope. Bado tunafikiria. Na riba imeshuka mpaka 3%. Huoni hapo ni ushindi kwa waafrica?
Siliza information hapa uache kujiliza liza.

Annael said:

Nadhani hapo unapoa povu tu. Hebu rudia kusoma na usikilize yeye anavyosema.
Hapa Tanzania ni nchi inajiendesha yenyewe. Hatujakopa mpaka sasa na tayari banks 7 zimekuja kuleta request ili sisi tukope. Bado tunafikiria. Na riba imeshuka mpaka 3%. Huoni hapo ni ushindi kwa waafrica?
Siliza information hapa uache kujiliza liza.

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Hamjakopa mpaka sasa??? Hivi wewe unaifahamu nchi yako kweli ama unakaririshwa maneno ya wanasiasa, hebu soma ripoti ya BoT ya mwezi Februari kuhusu ongezeko la deni la taifa ndio uje kubwabwaja. Nakuambia deni lenu linaongezeka ilhali bado mnatajwa kwenye mataifa maskini, sasa siku mkija kufikia uchumi wa kiwango cha kati mtakua na deni la aina gani.

Ukiwa maskini hufai kujilimbikizia madeni chungu nzima, hayo mabenki yanayokuja kupanga foleni yawape mkopo ilifaa kukaa mbali nao kwa sasa. Tatizo mumetunisha misuli mfanane na sisi mnataka kujenga miundo mbinu yote kwa mkurupuko, hapo hamna jinsi itabidi kukopa mpaka basi.

[emoji23][emoji23][emoji23] watu mnajitahidi kuunda maneno yenu

MK254 said:

Hamjakopa mpaka sasa??? Hivi wewe unaifahamu nchi yako kweli ama unakaririshwa maneno ya wanasiasa, hebu soma ripoti ya BoT ya mwezi Februari kuhusu ongezeko la deni la taifa ndio uje kubwabwaja. Nakuambia deni lenu linaongezeka ilhali bado mnatajwa kwenye mataifa maskini, sasa siku mkija kufikia uchumi wa kiwango cha kati mtakua na deni la aina gani.

Ukiwa maskini hufai kujilimbikizia madeni chungu nzima, hayo mabenki yanayokuja kupanga foleni yawape mkopo ilifaa kukaa mbali nao kwa sasa. Tatizo mumetunisha misuli mfanane na sisi mnataka kujenga miundo mbinu yote kwa mkurupuko, hapo hamna jinsi itabidi kukopa mpaka basi.

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Pilipili usio ila inakuwashia nini? Kenya is borrowing at 8%, TZ is getting some loans at zero intrest and others from WB at less than 3% with a grace period of 10 years.
They are already exporting Gas, and they have the highest FDI in EAC, Their Balance of trade is now swinging towards exports.
You should be worried that kenya is broke

MK254 said:

Hamjakopa mpaka sasa??? Hivi wewe unaifahamu nchi yako kweli ama unakaririshwa maneno ya wanasiasa, hebu soma ripoti ya BoT ya mwezi Februari kuhusu ongezeko la deni la taifa ndio uje kubwabwaja. Nakuambia deni lenu linaongezeka ilhali bado mnatajwa kwenye mataifa maskini, sasa siku mkija kufikia uchumi wa kiwango cha kati mtakua na deni la aina gani.

Ukiwa maskini hufai kujilimbikizia madeni chungu nzima, hayo mabenki yanayokuja kupanga foleni yawape mkopo ilifaa kukaa mbali nao kwa sasa. Tatizo mumetunisha misuli mfanane na sisi mnataka kujenga miundo mbinu yote kwa mkurupuko, hapo hamna jinsi itabidi kukopa mpaka basi.

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Mtu akisoma huku haijui Kenya anaeza hisi Kenya iko level ya Belgium. Sasa nyinyi mmejenga nini ambayo Tz imeshindwa!? kma sgr nyinyi mmepigwa mkopo wa riba kubwa na mchina uku tz iki tumia funds zake Kwa zaid ya Km 700.

Hahaha why not at interest rate less than 3%! And debt to GDP ratio at 31% by last November 2017 not 39% by February 2018. Mind u money to build SGR to Isaka and Stiegler's Gorge Hydropower is there from our pocket. The good thing is anawakamua the 17 international banks that offered to loan the country and pretty sure they might end coming up with interest rate less than 2%. I see Mtwara-Mbababay SGR kicking off next year. While Kenya's loan from Chinese has interest rate above 8%. Who is stupid over here btn these two countried?

MK254 said:

Hamjakopa mpaka sasa??? Hivi wewe unaifahamu nchi yako kweli ama unakaririshwa maneno ya wanasiasa, hebu soma ripoti ya BoT ya mwezi Februari kuhusu ongezeko la deni la taifa ndio uje kubwabwaja. Nakuambia deni lenu linaongezeka ilhali bado mnatajwa kwenye mataifa maskini, sasa siku mkija kufikia uchumi wa kiwango cha kati mtakua na deni la aina gani.

Ukiwa maskini hufai kujilimbikizia madeni chungu nzima, hayo mabenki yanayokuja kupanga foleni yawape mkopo ilifaa kukaa mbali nao kwa sasa. Tatizo mumetunisha misuli mfanane na sisi mnataka kujenga miundo mbinu yote kwa mkurupuko, hapo hamna jinsi itabidi kukopa mpaka basi.

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Tanzania debt at February is 39% of GDP according to IMF n can go to 56% of GDP.

MK254 said:

Ni kwamba tayari mumeingia kwenye madeni na mnaendelea kukopa ilhali bado mpo maskini, sasa siku mkifikia uchumi wa Kenya mtakua mumeuza nchi.
Madeni yote haya na bado mpo mbali sana...

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Madeni SIYO umasikini.
Muulize Trump.

Tz LDC is doomed to sink deeper into the sea of no return to normalcy as far as public debt is concerned.

MK254 said:

Hamjakopa mpaka sasa??? Hivi wewe unaifahamu nchi yako kweli ama unakaririshwa maneno ya wanasiasa, hebu soma ripoti ya BoT ya mwezi Februari kuhusu ongezeko la deni la taifa ndio uje kubwabwaja. Nakuambia deni lenu linaongezeka ilhali bado mnatajwa kwenye mataifa maskini, sasa siku mkija kufikia uchumi wa kiwango cha kati mtakua na deni la aina gani.

Ukiwa maskini hufai kujilimbikizia madeni chungu nzima, hayo mabenki yanayokuja kupanga foleni yawape mkopo ilifaa kukaa mbali nao kwa sasa. Tatizo mumetunisha misuli mfanane na sisi mnataka kujenga miundo mbinu yote kwa mkurupuko, hapo hamna jinsi itabidi kukopa mpaka basi.

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Naona unaumia sana ndugu yangu. Sasa umekuwa msemaji wa watanzania siyo!!? Hahahahaha
Tupo na miradi mikubwa yote tunatumia pesa zetu za ndani.
Tumenunua
1. Ndege 7 CASH from our pockets
2. SGR we pay
3. Bwawa la stiegler's gorge umeme 2100MW we are paying CASH
4. Free education

Nakushauri acha kupiga makelele yasiyo faa. Huu ni wokovu wa waafrika 17 banks zinakuja kuomba kutukopesha kwa riba nafuu yaa 3% hebu niambie huko KENYA bank gani imekuja kuwaomba iwakopeshe tena kwa riba ndogo?

eliakeem said:

Madeni SIYO umasikini.
Muulize Trump.

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Madeni uskope sana kama wewe maskini maana huna chochote cha kuuzwa ili yalipwe.

MK254 said:

Madeni uskope sana kama wewe maskini maana huna chochote cha kuuzwa ili yalipwe.

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Wewe nadhani hujui mambo ya uchumi kabisa. Mtu anakopeshwa akiwa na assets. Hebu niambie Kenya ipo na assets zipi?
Ngoja nikupatie shule kidogo.
Kuna elimu kwenye issue za balance sheet kama Account inavyosema.
Kitu cha muhimu sana ni Assets.
Assets zimegawanyika katika makundi mawili.
Non-Current Assets na Current Assets


Non-Current Assets

1. Investment and Fund
2. Property, plant and Equipment
   
3. Intangible Asset

Current Assets

1. Cash
2. Bank
   
3. Stock
   
4. Debtor

Sasa unapokuja kuanza kuongelea maswala ya Bank (Reserve ya foreign currency)
Tanzania ipo na $5.9billion wakati kenya ipo na $4.9Billion

Sitaki nikuchoshe sana nataka uniambie kwenye non-Current Assets ikitokea wale wanaowadaini wakataka muwalipe leo mtawapatia nini?
Sisi tupo na:-
1. we have reserve of Uranium



2. We have Coal



3. Gas Reserve



Hayo machache tu. Nakutaka sasa ueleze kuhusu kenya what do you have

Yani sababu pekee ya kuendelea kukopa ni kwasababu tu bado tunakopesheka,

Nchi inaendelea kukopa mpaka pale tutakapokosa sifa ya kukopesheka.

Tunabebesha mizigo kwa vitukuu na vilembwe kwasababu tu bado tunakopesheka.

Ongeza na gase ya mtwara