Author Topic: Moses Kuria is actually intelligent - if not for his ulevi  (Read 444 times)

Offline RV Pundit

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Moses Kuria is actually intelligent - if not for his ulevi
« on: September 09, 2021, 08:53:33 PM »
This need to be top priority - sell these 270 gov assets - pay off some of the debt to get back to 50 percent gdp to debt - and use the rest to build infrastructure.

 Chama Cha Kazi will push for sale of GoK stakes in strategic parastatals like Kenya Ports Authority, Kenya Airports Authority, Kenya Pipeline, Kenya Railways, Kenya Power, KENGEN and minority stakes in KCB Bank and Safaricom to offset the Ksh 6 Trillion debt. We will also push for international auctions of all mining and oil exploration concessions including Mrima Hils Rare Earth deposits in Kwale to further pay off our debts.

This hot potato - but recurrent expenditure is definitely killing public sector - but losing 0.5M formal jobs is not good. Besides if he studied the 0.8M workers he will discover half are policemen, army, teachers, nurses and doctors - that you cannot retrench

Chama Cha Kazi will promote a Golden Handshake programme to convert 500,000 civil Servants into 500,000 SME enterprises and convert their send off package into a non repayable start up capital to be administered through the Kenya National Chamber of Commerce and Industry.

Mmhh...I believe SEZ/EPZ is way to go to encourage export

Finally, Chama Cha Kazi will push for a 5 year tax holiday to any majority indigenous Kenyan owned company with real operational presence in at least 10 countries in order to make Kenyan companies dominant and competitive away from home. That is us. Now ask the others for their PRACTICAL and REALISTIC Plans not empty economic rhetoric

Offline RV Pundit

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Re: Moses Kuria is actually intelligent - if not for his ulevi
« Reply #1 on: September 09, 2021, 09:00:00 PM »
Privatize the 200 state owned enterprises - and you reduce the public sector to essential services - and regulatory functions - and that solve many problems.

The 200 companies will swell the private sector - and release productivity-efficiency gains.

Use the money to finance budget - and reduce borrowing. After 3yrs - we will be back to 50 percent gdp to tax - and we can start borrowing again.