Tanzania leads East Africa With External Debt at 38.8% of GDP. Kenya Comes in Second at 29.7%

Tanzania leads East Africa With External Debt at 38.8% of GDP. Kenya Comes in Second at 29.7%

Mkikuyu- Akili timamu said:
Fools dont even understand the Economic impacts of domestic vs External Borrowing
Let me bring you up to speed econ 101:
Domestic borrowing = High inflation = low consumption = Job loses = unemployment

External Borrowing = Low inflation = stable exchange rate = High FDI = increased employment
Now some stone worker comes here and fishes data out of his diseased anus and parades his ignorance to everyone.
GoK wanted to borrow cheaply domesticaly by imposing rate caps, but this has exploded on their faces and now IMF has ORDERD the removal of rate caps. On foreign Loans, its a Joke to even discuss 8.6% Dollar denominated loan with an economist. Even foreign exchange starved countries like zimbabwe are laughing at kenya's lack of negotiators while Eurobond Investors secretly laugh at kenya's desperation and stupidity.
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Internal borrowing nikuwa serikali ya Kenya inakopa pesa zake yenyewe. Mchezo uko hivi: "Mifuko ya jamii inakusanya pesa nakuziweka kwenye benki ya Equity . GOK inaenda kukopa hiyo pesa kwa interest kubwa equity. Unakuta mabenki mengi ya Kenya yanafanya biashara na serikali kuliko watu binafsi nakupelekea mikopo kuwa juu. Thats how equity bank of Kenya managed to be on top. They use government money to borrow it to the government . Sometimes KRA pia upeleka baadhi ya pesa kwenye ma benki nakutumika kuikopa serikali ya Kenya kama Bonds. Then huyu engineer fake anatuletea habari ya external debt nakusahau impact kubwa kiuchumi kwenye internal debt. Inshort external debt unaweza samehewa but not internal debt.
 
kirk git said:
Primitive nigga clutching at whiteman language to buttress his self esteem.

Speaking English will not repay your debts my fren. You will have to borrow more eurobonds and concede your resources to Chinese 🙂
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Umempigia mbuzi gitaaa,kama umetukana umejitusi mwenyewe mimi sielewagi kiiingeleza
 
Watching from the sidelines, am liking this thread. [emoji38][emoji38][emoji38]
bucket
 
mulisaaa said:
Mbona huchangii. Umeishia kutoa maneno yakwenye kanga ??
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Nichangie lipi, mbona mumeshindwa kupangua hoja ya jamaa, deni la nje asilimia 38.8% ya GDP yenu ya nchi maskini kama Tanzania, hapo ndipo tulipo.
Kumbuka ili mkaribie Kenya kimiundo mbinu itabidi mkope sana, sasa kwa nchi yenu maskini mkiendelea kuongeza mkopo mtaishia kuuzwa nyote.
 
Mkikuyu- Akili timamu said:
Fools dont even understand the Economic impacts of domestic vs External Borrowing
Let me bring you up to speed econ 101:
Domestic borrowing = High inflation = low consumption = Job loses = unemployment

External Borrowing = Low inflation = stable exchange rate = High FDI = increased employment
Now some stone worker comes here and fishes data out of his diseased anus and parades his ignorance to everyone.
GoK wanted to borrow cheaply domesticaly by imposing rate caps, but this has exploded on their faces and now IMF has ORDERD the removal of rate caps. On foreign Loans, its a Joke to even discuss 8.6% Dollar denominated loan with an economist. Even foreign exchange starved countries like zimbabwe are laughing at kenya's lack of negotiators while Eurobond Investors secretly laugh at kenya's desperation and stupidity.
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Haha you get your facts from your ass....internal borrowing increases jobs(bank strengthens),strengthens currency,fastens the economy... Unahara tu
 
COLLOH-MZII RELOADED said:
Haha you get your facts from your ass....internal borrowing increases jobs(bank strengthens),strengthens currency,fastens the economy... Unahara tu
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Interestingly Kenya's currency is the most stable in the region so you wonder what kind of logic these guys are using. lol😀😀 wakishashindwa wanaweza sema lolote. 😀😀😀
 
COLLOH-MZII RELOADED said:
Haha you get your facts from your ass....internal borrowing increases jobs(bank strengthens),strengthens currency,fastens the economy... Unahara tu
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Functional illitrate, Who is borrowing Loan? $2bn loan borrowed by 1 entity called treasury needs only 1 account manger and 1 Accountant at treasury.
compare that with $2bn borrowed by 100,000 bank clients.
And you still keep foolishly parading your ignorance that kenyan banks are making super profits as if its something to celebrate..Those loans are paid using taxes and that adds to inflation
 
Mkikuyu- Akili timamu said:
Functional illitrate, Who is borrowing Loan? $2bn loan borrowed by 1 entity called treasury needs only 1 account manger and 1 Accountant at treasury.
compare that with $2bn borrowed by 100,000 bank clients.
And you still keep foolishly parading your ignorance that kenyan banks are making super profits as if its something to celebrate..Those loans are paid using taxes and that adds to inflation
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U have the Answer to why one bank in Kenya makes profit thrice all tz banks combined...performing banks creates more employment and strengthens the economy....because its internal the currency becomes strong of course....yani hii economics hako ulisoma chini ya mti
 
NairobiWalker said:
Interestingly Kenya's currency is the most stable in the region so you wonder what kind of logic these guys are using. lol😀😀 wakishashindwa wanaweza sema lolote. 😀😀😀
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Stone worker,Borrowing from internal banks is like printing money because All banks get their money from Central Bank which gets its money from the currency printer. Now you know the impact of Printing money to an economy? its called inflation.
And No,Tz currency does not need to be strong, they are a net exporter unlike kenya where we import toothpicks..Get it Now?
 
COLLOH-MZII RELOADED said:
U have the Answer to why one bank in Kenya makes profit thrice all tz banks combined...performing banks creates more employment and strengthens the economy....because its internal the currency becomes strong of course....yani hii economics hako ulisoma chini ya mti
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Ofcourse, Tz Government would rather look for cheap IMF/WB loans than borrow internally and cause inflation and other havoc. Their banks do not enjoy the massive government borrowing like kenyan banks,so they grow slowly reflecting the growth of private sector borrowing...This is the kind of desired bank growth in an economy not this goverment borrowing fertilizer growth by kenyan banks
 
Advantages of Internal debt against external debt:-

  • When government takes foreign loans, a heavy sum is remitted out of country for the payment of interest annually. It affects our foreign currency reserves,
  • External debt also poses threats to the economic and political independence of the country. There is no such threat in internal debt. The resources are transferred from creditor country to debtor country. Thus a foreign debt affects the economy and the political situation of the debtor nation.
Tz na hiyo external debt yenu nawahurumia. Heri sisi tunalipa KCB na KCB inacontribute to GDP 😀😀😀
 
NairobiWalker said:
Advantages of Internal debt against external debt:-

  • When government takes foreign loans, a heavy sum is remitted out of country for the payment of interest annually. It affects our foreign currency reserves,
  • External debt also poses threats to the economic and political independence of the country. There is no such threat in internal debt. The resources are transferred from creditor country to debtor country. Thus a foreign debt affects the economy and the political situation of the debtor nation.
Tz na hiyo external debt yenu nawahurumia. Heri sisi tunalipa KCB na KCB inacontribute to GDP 😀😀😀
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Its better you stick to brick laying,
1) GoT has no problem paying Loans,unlike kenya which experiences shortage of foreign currency because its a net importer country, Tz is a net exporter it has foreign exchage surpluses of $600mnl per year
2)GoT borrows from WB at 3% or less while kenya borrows from commercial lenders at 8%
Now stop embarassing yourself further..you are now becoming a parrot
 
Mkikuyu- Akili timamu said:
Stone worker,Borrowing from internal banks is like printing money because All banks get their money from Central Bank which gets its money from the currency printer. Now you know the impact of Printing money to an economy? its called inflation.
And No,Tz currency does not need to be strong, they are a net exporter unlike kenya where we import toothpicks..Get it Now?
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That's your own theory and its vague
 
Mkikuyu- Akili timamu said:
Its better you stick to brick laying,
1) GoT has no problem paying Loans,unlike kenya which experiences shortage of foreign currency because its a net importer country, Tz is a net exporter it has foreign exchage surpluses of $600mnl per year
2)GoT borrows from WB at 3% or less while kenya borrows from commercial lenders at 8%
Now stop embarassing yourself further..you are now becoming a parrot
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I wonder who taught you the self proclaimed economics he must be stoned to death.....yani unahara kama mulisa
PhotoGrid_1525455532140.jpg
PhotoGrid_1525455532140.jpg
 
Mkikuyu- Akili timamu said:
Its better you stick to brick laying,
1) GoT has no problem paying Loans,unlike kenya which experiences shortage of foreign currency because its a net importer country, Tz is a net exporter it has foreign exchage surpluses of $600mnl per year
2)GoT borrows from WB at 3% or less while kenya borrows from commercial lenders at 8%
Now stop embarassing yourself further..you are now becoming a parrot
Click to expand...
Huyo utajisumbua kichwa chake kimejaa mavi ya mbuzi
 
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