PUBLIC DEBTS OF EAST AFRICAN COUNTRIES.

Swahili_Patriot

JF-Expert Member
Joined
Aug 22, 2018
Posts
358
Reaction score
831
Kenya's public debt is rising to dangerous levels

Odongo Kodongo


Kenya is weighed down by swelling public debt and faces the possibility of a debt crisis (where the government can’t repay what it owes).

Kenya’s current public debt stands at approximately 4.884 trillion Kenyan shillings (USD$49 billion) or 56.4% of the country’s gross domestic product.. This is up from 42.8% in 2008. In other words, the country owes more than half the value of its economic output (GDP


Looming debt crisis: Uganda’s Public debt hits $15bn or 50% of GDP- Bank of Uganda report


[http://newz]

Bank of Uganda has warned that the country’s public debt which has reached $ 15.1 billion up from $ 6 billion three years ago, could among others affect economic growth because of reduced public investment.


Deni la Taifa la Tanzania laongezeka kwa Sh12 trilioni ndani ya miezi mitatu - Ripoti ya BoT



Ripoti ya tathmini ya kila mwezi ya BoT inaonyesha kwa mwaka ulioishia Machi, Serikali ilikopa zaidi ya Dola 2.489 bilioni za Marekani

Kwa miezi mitatu ya kwanza mwaka huu, deni la Taifa limeongezeka kwa zaidi ya Sh12 trilioni na jumla kuongezeka mpaka takriban Sh60 trilioni, Benki Kuu ya Tanzania (BoT) imeonyesha.

Ripoti ya tathmini ya kila mwezi ya BoT inaonyesha kwa mwaka ulioishia Machi, Serikali ilikopa zaidi ya Dola 2.489 bilioni za Marekani kutoka vyanzo vya nje huku iki-chukua zaidi ya Sh2.084 trilioni kutoka nda-ni. Kutokana na ongezeko hilo, deni la nje limefika zaidi ya Dola 20.156 bilioni (zaidi ya Sh45.35 trilioni) wakati la ndani likizidi Sh14.158 trilioni.



Sent using Jamii Forums mobile app
 
"Corrupt a man's heart with a gift that's how you will find who you dealing with"- kendrick Lamar ft SZA (All the stars)
 
Better live your life, we are running out of time- SZA fted Lamar ( All the stars)
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…