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the uneconomical uhuru budget
vision2030
#31 Posted : Friday, June 12, 2009 8:32:00 AM
Rank: Member

Joined: 8/27/2008
Posts: 171
A good budget.

Reviving the Kenya uganda- railway would help save our roads from heavy trucks.

Seeks to promote tourism by exempting 4wd vehicles designed for tour operations.

It is responsive to marginalised members of our society.

It sets a 200m interest free revolving fund for business ventures of the elderly,physically challenged .200m was also allocated as cash transfer to senior citizens and 100m for purchase of specialised equipments for physically and mentally challenged.




CM1234
#32 Posted : Friday, June 12, 2009 9:29:00 AM
Rank: Member

Joined: 6/3/2009
Posts: 1
A GOOD BUDGET IT WAS,BUT LET US WAIT AND SEE!

KEEP PEACE AND LEAVE IN PEACE ITS NECESSARY.
FundamentAli
#33 Posted : Friday, June 12, 2009 9:35:00 AM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
@ Jupiter

The fact that something is expensive does not mean it is uneconomical. Expensive relates to the amount of money used. Economical relates to the effecient utilisation of resources to get the maximum benefits. Yes,this budget is huge,but tell us why it is uneconomical.


Fundamentals + Sentiments = Position
RO
#34 Posted : Friday, June 12, 2009 11:23:00 AM
Rank: Member

Joined: 6/11/2009
Posts: 21
I keep hearing (from news articles) how the government will probably plug the 300bn deficit with bond issues and treasury bills and how this is bound to raise interest rates due to banks favouring to lend to the government as opposed to lending to the public.

Anyone with any prediction of interest rate rises (especially for mortgages) through 2009 and 2010?


Disguised Opportunity?
Jay R
#35 Posted : Friday, June 12, 2009 12:11:00 PM
Rank: Member

Joined: 1/5/2009
Posts: 117
Location: Taehan Minkook.
@ jupiter.
I take the budget to be a good one.It's is the duty of governments all over the world to step in where the private sector can't/won't.The times are difficult for very one hence the need for the big budget.China a few years ago was putting a cap on investments/spending/lending,things were bright and the gov't wasn't spending.Came in a the American craze and the Chinese gov't unleashed 600B US$ to spend on projects which were all along on hold.The Americans have their 1 trillion+ US$ for spending and every sensible gov't is doing the same.
If a government can't spend during hard times,who will? Is every country doing the same as Uhuru is trying to do,uneconomical? Enlighten me.

When i see my purple,you see it not.
when i see my purple, you see it not!
stocksguru7
#36 Posted : Friday, June 12, 2009 1:20:00 PM
Rank: Member

Joined: 6/28/2007
Posts: 38
Where is THE BUDGET in this budget most of the business issues have not been tackled at all


UN PACTUM UN DICTUM
UN PACTUM UN DICTUM
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