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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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Ericsson wrote:Kenya's public debt has reached ksh.1.9 trillion or $22 billion.As a percentage to GDP it's at 51.7%.
52% is not that bad. Anything below 60% should be ok. more importantly is our capability to repay in full without rescheduling or accumulating debt and without compromising growth "..I am because we are. "― Ubuntu, Umtu,
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Kenya gets Sh3.1b from Belgium #For electrification project in Nyanza and e-government project #Repayable in 20years at 0% interest. #Cheers
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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GGK wrote:Ericsson wrote:Kenya's public debt has reached ksh.1.9 trillion or $22 billion.As a percentage to GDP it's at 51.7%.
52% is not that bad. Anything below 60% should be ok. more importantly is our capability to repay in full without rescheduling or accumulating debt and without compromising growth Hasn't our GDP grown? What is the current GDP figure? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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murchr wrote:
Hasn't our GDP grown? What is the current GDP figure?
I suspect around 3.9 Trillion "..I am because we are. "― Ubuntu, Umtu,
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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GGK wrote:murchr wrote:
Hasn't our GDP grown? What is the current GDP figure?
I suspect around 3.9 Trillion ditto @GGK ... @Ericsson, recheck your percentage
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Debt to GDP can be 200%...its the ability to service debt that counts.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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VAT shock - http://www.businessdaily.../-/12oxxp7/-/index.html Definitely inflation rate turns bullish... Lending rate cuts out of scope. Tbill rates to remain elevated north of 9%. These are WB/IMF economic health pills. Sigh  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask...
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good 
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good Kid!!! ... I now understand why @KingG rated you very lowly
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good Kid!!! ... I now understand why @KingG rated you very lowly Not really...I cant remember him doing that....and I dont need anyone to rate me? Why should someone rate me? Plz explain?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good Kid!!! ... I now understand why @KingG rated you very lowly Not really...I cant remember him doing that....and I dont need anyone to rate me? Why should someone rate me? Plz explain? delete @KingG insert @Mukiri. I shouldn't explain anything to you. Find your path of growing up!!!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good Kid!!! ... I now understand why @KingG rated you very lowly Not really...I cant remember him doing that....and I dont need anyone to rate me? Why should someone rate me? Plz explain? delete @KingG insert @Mukiri. I shouldn't explain anything to you. Find your path of growing up!!! I think the person who needs to grow up is you....the way you reason....If you say you are grown up...you must have skipped a stage....the @mukiri fellow has sent me numerous msgs on fb & gmail...if i dont respond to someone...why should anybody be mad?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good Kid!!! ... I now understand why @KingG rated you very lowly Not really...I cant remember him doing that....and I dont need anyone to rate me? Why should someone rate me? Plz explain? delete @KingG insert @Mukiri. I shouldn't explain anything to you. Find your path of growing up!!! I think the person who needs to grow up is you....the way you reason....If you say you are grown up...you must have skipped a stage....the @mukiri fellow has sent me numerous msgs on fb & gmail...if i dont respond to someone...why should anybody be mad? SMH ................................................................................ /End
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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I also don't like how the half year results are about cost cutting not growth.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@mwekez@ji,@GGK; The Kenyan GDP is around ksh.3.6 trillion or about $41 billion. My calculations are ok. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Link to the official data pls?
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