Author Topic: Jubilee scorecard is impressive.  (Read 4909 times)

Offline RV Pundit

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Jubilee scorecard is impressive.
« on: March 30, 2016, 07:37:28 AM »
The dynamic duo have done it. They just need to nail graft and they'll be home n dry.

On energy:Railway:Roads:Security & Gov services:
The DP said 20,000 additional security personnel have been hired and another 10,000 recruits will add to a total of 103,000, bringing the ratio to 1:380.The Government has also bought armoured personnel carriers for military use and Mine-Resistant Ambush Protected vehicles for the police to improve protection of officers deployed to volatile areas. A total of 3,000 vehicles for national administration and security have been bought and digitisation of Government services like i-Tax, E-Citizen and Huduma Centres are fully functional.
Food security HealthCorruptionEase of doing businesshttp://www.standardmedia.co.ke/article/2000196540/dp-ruto-outlines-jubilee-s-achievements/?articleID=2000196540&story_title=dp-william-ruto-outlines-jubilee-s-achievements&pageNo=3

Offline Empedocles

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Re: Jubilee scorecard is impressive.
« Reply #1 on: March 30, 2016, 08:53:19 AM »
How is the massive spending by the dynamic duo (DD) being replenished?

For instance, when the DD sucks money and spends it to these grandiose projects (with a big chunk being stolen), it is merely redistributing income. New income is not being created. In fact, KRA is struggling to collect more taxes from dwindling sources.

Debt?

And how's it gonna be paid back?

Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #2 on: March 30, 2016, 09:26:05 AM »
Massive spending? When gov has only spend 37% of it development budget due to several reasons including court cases, procurement and lack of capacity?

No new income? How then did the GDP grow by 6%. In 55B USD economy that is about 4billion USD new wealth created annually.Despite the hulabaloo, KRA has continued to collect more taxes, thanks to growing economy. When the economy stop growing, you can say we have problem.

Our problem is not overspending..it lack of SPENDING. We should be grateful for Chinese , CDF and Counties...for helping us spend the money. Previously we had problem because WB/IMF/EU and Gov funded projects never could get off ground.

Now Chinese are already 70% done with SGR. Just imagine that? In 3 short years we are rolling a brand new SGR railway. Counties and CDF are delivering roads, schools, water projects and all little project all over the country...which never happened before.

In a growing economy like ours, our debt is sustainable, less than 50% of GDP! Yes as we improve our ability to spend, Rotich find himself increasingly facing cashflow problems, but that is the job of treasury...to find money for gov to spend and spend.
How is the massive spending by the dynamic duo (DD) being replenished?

For instance, when the DD sucks money and spends it to these grandiose projects (with a big chunk being stolen), it is merely redistributing income. New income is not being created. In fact, KRA is struggling to collect more taxes from dwindling sources.

Debt?

And how's it gonna be paid back?

Offline gout

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Re: Jubilee scorecard is impressive.
« Reply #3 on: March 30, 2016, 11:33:48 AM »
Lack of information for proper analysis will continue creating and propagating perception of existence of shadowy carters, wheel dealers in these multi billion projects.

Cancellation of Greenfield terminal, Uganda pipeline rerouting and lack of interest in LAPSSET and such indicators not coming out as good indicators.

http://www.nation.co.ke/oped/Opinion/Are-the-Chinese-funded-projects-worth-debts-we-are-sinking-in/-/440808/3138554/-/5wi25wz/-/index.html
I underestimated the heartbreaks visited by hasla revolution

Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #4 on: March 30, 2016, 11:38:18 AM »
corruption and kickbacks is given. But we are lucky with the chinese. At least they deliver something and they do it on time. Previously we would pay debts for "air" delivered.
Lack of information for proper analysis will continue creating and propagating perception of existence of shadowy carters, wheel dealers in these multi billion projects.

Cancellation of Greenfield terminal, Uganda pipeline rerouting and lack of interest in LAPSSET and such indicators not coming out as good indicators.

http://www.nation.co.ke/oped/Opinion/Are-the-Chinese-funded-projects-worth-debts-we-are-sinking-in/-/440808/3138554/-/5wi25wz/-/index.html

Offline Kim Jong-Un's Pajama Pants

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Re: Jubilee scorecard is impressive.
« Reply #5 on: March 30, 2016, 04:58:15 PM »
Corruption
One line on corruption.  Some vague, useless bribery bill.  Mutungaroos anti-corruption courts are now a Jubilee achievement.  Since he is into giving numbers, how much has been recouped?
"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

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Offline Georgesoros

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Re: Jubilee scorecard is impressive.
« Reply #6 on: March 30, 2016, 05:41:45 PM »
Pundit
Your statement is subjective...
President Bush's economy's doing very well until they found out how much debt he had taken.

Offline Omollo

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Re: Jubilee scorecard is impressive.
« Reply #7 on: March 30, 2016, 11:30:47 PM »
Kisumu - Kakamega road complete???? Ruto is full of jokes. Why did I need a 4WD to reach Webuye and was forced to return to Kisumu via Bungoma-.Mumias- Ekero. Last week
... [the ICC case] will be tried in Europe, where due procedure and expertise prevail.; ... Second-guessing Ocampo and fantasizing ..has obviously become a national pastime.- NattyDread

Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #8 on: March 31, 2016, 06:10:56 AM »
Yeah, near complete, there is a small stretch near Kakamega & kisumu town that need a lot of work done.
Kisumu - Kakamega road complete???? Ruto is full of jokes. Why did I need a 4WD to reach Webuye and was forced to return to Kisumu via Bungoma-.Mumias- Ekero. Last week

Offline Empedocles

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Re: Jubilee scorecard is impressive.
« Reply #9 on: March 31, 2016, 09:26:39 AM »
Massive spending? When gov has only spend 37% of it development budget due to several reasons including court cases, procurement and lack of capacity?

No new income? How then did the GDP grow by 6%. In 55B USD economy that is about 4billion USD new wealth created annually.Despite the hulabaloo, KRA has continued to collect more taxes, thanks to growing economy. When the economy stop growing, you can say we have problem.

Our problem is not overspending..it lack of SPENDING. We should be grateful for Chinese , CDF and Counties...for helping us spend the money. Previously we had problem because WB/IMF/EU and Gov funded projects never could get off ground.

Now Chinese are already 70% done with SGR. Just imagine that? In 3 short years we are rolling a brand new SGR railway. Counties and CDF are delivering roads, schools, water projects and all little project all over the country...which never happened before.

In a growing economy like ours, our debt is sustainable, less than 50% of GDP! Yes as we improve our ability to spend, Rotich find himself increasingly facing cashflow problems, but that is the job of treasury...to find money for gov to spend and spend.

KRA is, yet again, missing the collection targets.

The reason are:

Quote

Source: http://www.businessdailyafrica.com/KRA-set-to-miss-Treasury-s-Sh1-2trn-tax-collection-target---/-/539552/3139916/-/74axmdz/-/index.html

No new income is being generated.

Quote


Business Daily Editorial: Heed WB warning on ballooning debt burden

Offline Kadudu

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Re: Jubilee scorecard is impressive.
« Reply #10 on: March 31, 2016, 09:48:41 AM »
Almost complete?

Yeah, near complete, there is a small stretch near Kakamega & kisumu town that need a lot of work done.

Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #11 on: March 31, 2016, 10:12:55 AM »
The remaining section is small compared to what is done. I would say it 95% done.
Almost complete?

Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #12 on: March 31, 2016, 10:19:26 AM »
I'm not sure if bad thing to not to meet an ambitious target; treasury need to set up ambitious target for KRA; but obviously If KRA was to fight graft; then they can exceed target; also some moronic VAT decision like enviromental tax of 200k for old cars means those target won't be meet.

I disagree that on spending..we are not overspending...we don't have the capacity to spend our budget...unless we do what Waiguru did...pad zeros..most of "money" is returned back to treasury unspent. There is a lot that need to be done to ensure budgeted projects are executed.

What I agree on...treasury is increasingly finding itself on a hole...because the percentage of money that MUST be paid directly from consolidated account (that cannot be postphoned) is becoming a concern...this include salaries, pensions, debt repayment, cdf, capitation for schools & hospitals, and now counties...so whenever KRA has the usual monthly swings...treasury has to rush to borrow at unsustainable interest rates.

UhuRuto should look at reforming KRA and firing all the top guys.

KRA is, yet again, missing the collection targets.

The reason are:

Quote

Source: http://www.businessdailyafrica.com/KRA-set-to-miss-Treasury-s-Sh1-2trn-tax-collection-target---/-/539552/3139916/-/74axmdz/-/index.html

No new income is being generated.

Quote


Business Daily Editorial: Heed WB warning on ballooning debt burden


Offline MOON Ki

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Re: Jubilee scorecard is impressive.
« Reply #13 on: July 19, 2016, 03:53:08 AM »
Since it came to power, Jubilee has trumpeted all sorts of "achievements".    A problem with some of these "achievements" is that they boil down to little more than being a recipient of free off-budget money, and "issues" arise when there is a reduction in the free money.   Here is a recent example:

HealthThree years ago, 500,000 were on anti-retroviral drugs (ARVs) but now we have 800,000 on ARVs.

We had similar stories in 2015, at which point I wrote:

Quote
The point is that the provision of ARVs is almost entirely due to foreign funding (free money) from others, and most of it from the USA.    To claim that as a Jubilee achievement is very funny, given that the funding has been going on for much longer than Jubilee has been around.  To say that Jubilee government is trying to do more is similarly funny; it is those foreign funders that are planning to do more.  The only thing Jubilee can say it that it is not getting in the way.

On this thread: http://www.nipate.org/index.php?topic=2601.0

Today's Daily Nation reports some difficulties with Jubilee's "achievements" and plans to "achieve" even more in the same direction:

Quote
Blow to Aids patients as donor funds shrink
Donor funding for Aids drugs in low and low middle-income countries such as Kenya has shrunk by more than Sh100 billion, putting the lives of millions of patients at risk.
http://www.nation.co.ke/news/Blow-to-Aids-patients-as-donor-funds-shrink/-/1056/3300368/-/vybysez/-/index.html

And the figures are interesting:

Quote
The cost of treating nearly 940,000 Kenyans currently enrolled in the antiretroviral programme is Sh18.4 billionThe government only contributes Sh900 million annually.
http://www.nation.co.ke/news/Blow-to-Aids-patients-as-donor-funds-shrink/-/1056/3300368/-/vybysez/-/index.html

Red: According to my rough calculations, that's around 4%.   
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Offline RV Pundit

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Re: Jubilee scorecard is impressive.
« Reply #14 on: July 19, 2016, 08:35:59 AM »
Very lame. Donors are working with Gov's NASCOP to implement this...and so gov can trumphet this as a success. If this was entirely NGO-donor thing then GOV would be misleading here. Donors provide money..but gov does the bulk of the work including sourcing for drugs and making them available to HIV patients.
Since it came to power, Jubilee has trumpeted all sorts of "achievements".    A problem with some of these "achievements" is that they boil down to little more than being a recipient of free off-budget money, and "issues" arise when there is a reduction in the free money.   Here is a recent example:

HealthThree years ago, 500,000 were on anti-retroviral drugs (ARVs) but now we have 800,000 on ARVs.

We had similar stories in 2015, at which point I wrote:

Quote
The point is that the provision of ARVs is almost entirely due to foreign funding (free money) from others, and most of it from the USA.    To claim that as a Jubilee achievement is very funny, given that the funding has been going on for much longer than Jubilee has been around.  To say that Jubilee government is trying to do more is similarly funny; it is those foreign funders that are planning to do more.  The only thing Jubilee can say it that it is not getting in the way.

On this thread: http://www.nipate.org/index.php?topic=2601.0

Today's Daily Nation reports some difficulties with Jubilee's "achievements" and plans to "achieve" even more in the same direction:

Quote
Blow to Aids patients as donor funds shrink
Donor funding for Aids drugs in low and low middle-income countries such as Kenya has shrunk by more than Sh100 billion, putting the lives of millions of patients at risk.
http://www.nation.co.ke/news/Blow-to-Aids-patients-as-donor-funds-shrink/-/1056/3300368/-/vybysez/-/index.html

And the figures are interesting:

Quote
The cost of treating nearly 940,000 Kenyans currently enrolled in the antiretroviral programme is Sh18.4 billionThe government only contributes Sh900 million annually.
http://www.nation.co.ke/news/Blow-to-Aids-patients-as-donor-funds-shrink/-/1056/3300368/-/vybysez/-/index.html

Red: According to my rough calculations, that's around 4%.