Uchumi wa Kenya wazidi kuelekea kuzimu, deni la Taifa kufikia $72B baada ya bajeti ya leo

[mkorinto]

Leo Marekani hata washuke kwa minus -1000% hamuwezi kuwanusia maana nyie ni maskini wa kutupwa, ni kama hapo kwako Tandale slums, wewe hata kamshahara kako kakiongezwa 100% kwa mwaka bado hautamfikia mwarabu au mhindi kati ya wale huwa wameshikilia uchumi wenu.

Kwa mtazamo huu kwanini tusiwaendeshe hapa EA!!!!

Nyinyi hamjitambui.

 

[joto la jiwe]

Village talk from deranged individuals!
i) Kenya's debt growth is not exponential. (Read meaning of exponential, Kenya's debt has reduced from $60 billion to $53 billion)
ii) Debt can grow even upto 100% of GDP as long as government is not in distress. This is why debt consolidation is periodically done where you take concessional loans with longer time periods and you pay off short tern commercial loans which are expensive.

Hahahaha, Hahahaha, Hahahaha.

 

[Kevin85ify]

Kenya itakopa kiasi cha $1.3B ili kujazia pengo la bajeti yake ya 2020/2021, hivyo kulifanya deni la Taifa la Kenya kufikia takriban $72B ifikapo September mwaka huu.

Tanzania deni lake la Taifa limepungua hadi kufikia $26B, kati ya hizo $18B ni mikopo ya ndani, na $8B ni mikopo toka nje ya nchi.

Too much propaganda without facts. I am not surprised.

 

[Drone Camera]

Village talk from deranged individuals!
i) Kenya's debt growth is not exponential. (Read meaning of exponential, Kenya's debt has reduced from $60 billion to $53 billion)
ii) Debt can grow even upto 100% of GDP as long as government is not in distress. This is why debt consolidation is periodically done where you take concessional loans with longer time periods and you pay off short tern commercial loans which are expensive.

Mbona sasa mnapewa alert na taasisi za kifedha za kimataifa

 

[Drone Camera]

Uganda ni wachache mumewzidi kwa zaidi ya watu milioni ishirini, hivyo hapo Museveni na udikteta wake anawanyoosha kwenye lokudown bila tabu.
Halafu Sweden ni watu wenye nidhamu hata wasipofunga watafuata maagizo na tahadhari, nyie hapo mnasongamana kwenye madaladala.....

Kikubwa sio idadi ya watu point ni kama hao watu unaweza kuwapa mahitaji yao kipindi cha lockdown hasa chakula! Sasa sisi Tz tunauwezo wa kulisha hadi nchi jirani ninyi huo uwezo hamna! Hivyo hiyo sababu yako haina mashiko.
Nyie mngekuwa na uwezo mngepiga total lockdown ila sababu huwezo hamna mmeamua kufanya ile ya usiku.
Narudia tena jeuri ya aina yoyote kwetu hamna!

 

[joto la jiwe]

Mbona sasa mnapewa alert na taasisi za kifedha za kimataifa

Anatapatapa huyo ila ukweli anaujua, kila nchi imewekewa kikomo cha kukopa kulingana na uwezo wake wa kulipo, muulize kama kuna Bank inayoweza kumkopesha yeye $1M, lakini Chris Kirubi hata kama anadaiwa 300% ya utajiri wake lakini Bank zinamshawishi ili ziendelee kumkopesha.

 

[Kevin85ify]

Anatapatapa huyo ila ukweli anaujua, kila nchi imewekewa kikomo cha kukopa kulingana na uwezo wake wa kulipo, muulize kama kuna Bank inayoweza kumkopesha yeye $1M, lakini Chris Kirubi hata kama anadaiwa 300% ya utajiri wake lakini Bank zinamshawishi ili ziendelee kumkopesha.

HAHAHAHA, when arguments fail you always resort to ignorance.

 

[Kevin85ify]

Mbona sasa mnapewa alert na taasisi za kifedha za kimataifa

Refer to debt consolidation explanation. If you can read that is.
Okay how do I say this in a way you will understand?Let me try even though I know it is like talking to a door knob.
i) Kenya has $53 billion in debt.
ii) Part of the debt are expensive domestic commercial loans from Kenyan banks, which have short maturities and are more expensive .This is what IMF and World bank warned about ie a possible future debt distress.
iii) Through debt consolidation GOK is taking cheaper, multilateral and concessional loans with longer maturities to pay off the expensive local commercial loans which gives room for payment annually by spreading repayments in smaller quantities over longer periods of time.

I have tried to explain the way i explain things to my 11 year old niece, I hope it unclogs your brain.

 

[Kevin85ify]

Anatapatapa huyo ila ukweli anaujua, kila nchi imewekewa kikomo cha kukopa kulingana na uwezo wake wa kulipo, muulize kama kuna Bank inayoweza kumkopesha yeye $1M, lakini Chris Kirubi hata kama anadaiwa 300% ya utajiri wake lakini Bank zinamshawishi ili ziendelee kumkopesha.

Cheap shot! I know I have a bigger loan and assets portfolio that the Tanzanians in JF combined. How do I know?
Your train of thought on this forum betrays your earning potential ie Your analytical capabilities are only paralleled by a brain dead sewer rat. This is how I know you do not own anything of importance or else you would be more financially knowledgeable.
By the way, did you just praise your government for domestic borrowing in one of your comments? Do you know that is a bad economic strategy?

 

[joto la jiwe]

Refer to debt consolidation explanation. If you can read that is.
Okay how do I say this in a way you will understand?Let me try even though I know it is like talking to a door knob.
i) Kenya has $53 billion in debt.
ii) Part of the debt are expensive domestic commercial loans from Kenyan banks, which have short maturities and are more expensive .This is what IMF and World bank warned about ie a possible future debt distress.
iii) Through debt consolidation GOK is taking cheaper, multilateral and concessional loans with longer maturities to pay off the expensive local commercial loans which gives room for payment annually by spreading repayments in smaller quantities over longer periods of time.

I have tried to explain the way i explain things to my 11 year old niece, I hope it unclogs your brain.

You are stupid as usual
1) what is the percentage of your budget this year is going to service your loans?
2)Out of your almost $60B total amount of Kenyan's loan, almost 80% has matured, including loan for SGR, Kenya has started to pay the money.
3)Tell us what is the % of your loan is from expensive lenders and % of cheap and long term lenders, most of Kenyans loans whether from inside or outside the country are from very expensive and short term, that's why Kenya Economy is at very bad shape now because it must pay a lot of money to the creditors.

 

[MK254]

Kikubwa sio idadi ya watu point ni kama hao watu unaweza kuwapa mahitaji yao kipindi cha lockdown hasa chakula! Sasa sisi Tz tunauwezo wa kulisha hadi nchi jirani ninyi huo uwezo hamna! Hivyo hiyo sababu yako haina mashiko.
Nyie mngekuwa na uwezo mngepiga total lockdown ila sababu huwezo hamna mmeamua kufanya ile ya usiku.
Narudia tena jeuri ya aina yoyote kwetu hamna!

Nyie juzi sukari imewapa tabu.....
Nchi ikiwa na hela inakua na uwezo wa kuagiza chakula popote pale, sio lazima tulime sisi.

 

[Kevin85ify]

You are stupid as usual
1) what is the percentage of your budget this year is going to service your loans?
2)Out of your almost $60B total amount of Kenyan's loan, almost 80% has matured, including loan for SGR, Kenya has started to pay the money.
3)Tell us what is the % of your loan is from expensive lenders and % of cheap and long term lenders, most of Kenyans loans whether from inside or outside the country are from very expensive and short term, that's why Kenya Economy is at very bad shape now because it must pay a lot of money to the creditors.

Your ignorance is infinite. I told you reading and doing research is good. Before you call people stupid try and polish your knowledge.

i) Kenya's current debt is $53B not $60B, budget is kes 3.2 trillion debt will be serviced by only kes 900 billion. The proportion of debt maturing in one year as a percentage of GDP increased from 3.9% to 9.5% not 80%. However, debt maturing in one year as a ratio of total revenue and GDP registered a decline in 2018/19.

ii) Wrong sgr loan will be paid over 15 years and we have already paid interest in 3 installments over the past years.What is coming this financial year is payment on principal.

iii) Glad to see you agree short term loans are bad at least I have taught you something. Our euro bond papers start calling after 7 and 12 years from date of issue. The five year bond we took in 2014 is paid in full.

iv) The largest holders of Kenya's debt are China (Bilateral loans) and multi lateral agencies like IMF and world bank. Only kes 1.9 trillion is held as commercial loans but they have short maturities with a big part of the short term loans being overdrafts from commercial banks in Kenya.

Now go and read then come back and talk like a man. Also learn some mathematics and finance so that you can stop praising your government for borrowing heavily domestically.
FYI: A lot of your domestic debt will be syndicated by Kenyan banks which have more muscle and capital than your banks and they will eat you alive if you do not repay.

 

[Kevin85ify]

Nyie juzi sukari imewapa tabu.....
Nchi ikiwa na hela inakua na uwezo wa kuagiza chakula popote pale, sio lazima tulime sisi.

They always think in terms of food not money that is why their economy is slow to catch up.

 

[Drone Camera]

Refer to debt consolidation explanation. If you can read that is.
Okay how do I say this in a way you will understand?Let me try even though I know it is like talking to a door knob.
i) Kenya has $53 billion in debt.
ii) Part of the debt are expensive domestic commercial loans from Kenyan banks, which have short maturities and are more expensive .This is what IMF and World bank warned about ie a possible future debt distress.
iii) Through debt consolidation GOK is taking cheaper, multilateral and concessional loans with longer maturities to pay off the expensive local commercial loans which gives room for payment annually by spreading repayments in smaller quantities over longer periods of time.

I have tried to explain the way i explain things to my 11 year old niece, I hope it unclogs your brain.

You're right,you've really tried to reveal what's in your mind.Though it doesn't necessarily mean what you're talking about is always correct anyway.And by saying so I doubt if you've ever come across any of the alerts provided to you by those institutions and try to go through the points highlighted within.
Jaribu kuzipitia tena ndipo uje hapa tujadili.

 

[Kevin85ify]

You're right,you've really tried to reveal what's in your mind.Though it doesn't necessarily mean what you're talking about is always correct anyway.And by saying so I doubt if you've ever come across any of the alerts provided to you by those institutions and try to go through the points highlighted within.
Jaribu kuzipitia tena ndipo uje hapa tujadili.

It is exactly what I said. Now disprove me. If Kenya was unable to pay her debts remember we have three eurobonds, the punishment would be swift by investors in terms of the yield on the paper in the market.
What prove do you have to the contrary?
Question: Is Tanzania credit worthy on the international private debt market?

 

[Kevin85ify]

You're right,you've really tried to reveal what's in your mind.Though it doesn't necessarily mean what you're talking about is always correct anyway.And by saying so I doubt if you've ever come across any of the alerts provided to you by those institutions and try to go through the points highlighted within.
Jaribu kuzipitia tena ndipo uje hapa tujadili.

5. The overall position of Kenya’s central government debt4 (domestic plus external debt) improves over the medium to long run, however, as high-cost government domestic debt, with short duration, is replaced by highly concessional external borrowing (Figure 1). ~IMF Report On Kenya's Debt.

Tell me where this is different from what I said?

 

[Drone Camera]

It is exactly what I said. Now disprove me. If Kenya was unable to pay her debts remember we have three eurobonds, the punishment would be swift by investors in terms of the yield on the paper in the market.
What prove do you have to the contrary?
Question: Is Tanzania credit worthy on the international private debt market?

Debt distress

 

[Kevin85ify]

You're right,you've really tried to reveal what's in your mind.Though it doesn't necessarily mean what you're talking about is always correct anyway.And by saying so I doubt if you've ever come across any of the alerts provided to you by those institutions and try to go through the points highlighted within.
Jaribu kuzipitia tena ndipo uje hapa tujadili.

"IMF encouraged Kenya to strengthen its debt management capacity to prepare for large repayments on commercial borrowing. “As part of this strategy, it is expected that the authorities will have a strategy on near-term external refinancing and over the next years, refinance loans at a longer maturity to limit refinancing risks.” ~IMF Report

Read the above and go back to my point on debt consolidation and refinancing.

 

[Drone Camera]

5. The overall position of Kenya’s central government debt4 (domestic plus external debt) improves over the medium to long run, however, as high-cost government domestic debt, with short duration, is replaced by highly concessional external borrowing (Figure 1). ~IMF Report On Kenya's Debt.

Tell me where this is different from what I said?

Khaa! Something published 2004! Hahahah you must be joking man!
Lemme provide you with the link!

 

[Kevin85ify]

Debt distress

Did I not mention that!!!! Or were you not paying attention. In fact I gave you the reason and how Kenya is avoiding debt distress by consolidating and refinancing it's debt using cheap long term concessional loans? Or was I singing to the birds?
FYI:Kenya is not in debt distress, but we will be, if we do not consolidate and refinance our debt especially commercial loans with cheaper concessional loans.