Nonsense. KENYA is on the right trajectory thanks Ruto hardwork the last 8 months from ufool huge mess.2032 we get Sakaja to continue as he is equally impressive in Nairobi. We will hear from you in 2042 when you'll be a bit mature.
In a statement, the IMF noted that the new revenue-raising measures were “significant”.
“The authorities have responded promptly to the challenges. On the fiscal side, government spending execution has been prudent this fiscal year, consistent with available resources,” said Haimanot Teferra who led the IMF mission to Kenya.
“Moreover, the draft financial year 2023/24 budget submitted to Parliament proposes to further reduce the deficit from 5.7 to 4.1 percent of GDP (gross domestic product), with significant new revenue measures consistent with the objective of reducing the ratio of debt to GDP.”
Some of the proposals that the IMF has recommended before, and which the Treasury has included in the Finance Bill 2023, include increasing the value-added tax (VAT) to 16 percent from the current eight percent.
Kenya has also proposed to increase excise duty on beauty products such as fake nails and wigs, and betting.
Pay as you earn on persons earning over half a million in a month has also been increased to 35 percent.
The augmentation of the EFF/ECF programme, or the additional funds for addressing shocks such as drought which were approved in the fourth review, amounted to Sh74.4 billion ($544.3 million).
In the fifth review that was recently completed, Kenya has also requested around Sh86.9 billion ($636 million) under a new 20-month Resilience and Sustainability Facility (RSF) arrangement.
You cannot list my brother's achievement in one page.I just did.
.
.
Very impressive maths just like Kioni tallies.
They would rather drink busaa and get what?
They are not paying rent?
Will the house be demolished after full payment??
Well intentions but wrong way to implement it.
Would rather create a tax free retirement fund where employees contribute. Borrow from the fund to buy a house and you pay no tax..
Very impressive maths just like Kioni tallies.
They would rather drink busaa and get what?
They are not paying rent?
Will the house be demolished after full payment??.
Yes they are idiots.
Housing levy is to make deposit.
Then you continue paying rent but this time as mortgage
And own house after 20-30yrs.
Otherwise they will remain renters and poor for rest of their lifesVery impressive maths just like Kioni tallies.
They would rather drink busaa and get what?
They are not paying rent?
Will the house be demolished after full payment??.
Was there public participation or you are thinking for us?
Ruto lacks the vision, creativity and imagination to lead Kenya to the next level. His only goal in life was to steal enough to get himself out of the village and sit at the main table but the problem is, that village smell stays with you no matter how much you steal. I hate to think of Ruto as the new elite that Kenyans aspire to be, I grew up admiring the educated sophisticates, the Njonjo types. We worked hard so maybe one day we could be there. It’s sad that Kids in Kenya now want to grow up to be Ruto types, thieving corrupt simpletons who saw underwear in high school.
It’s none of that, it’s growing up wanting to be the best. I am sure you grew up admiring the best software engineers out there and not the mediocre ones. People like Njonjo, Matiba had achieved quite a bit at a very young age. I have tried to quantify Ruto’s achievements, how he got there etc, there is nothing there that I would tell my kids to emulate. His poverty to riches is fake, he did not invent anything, was not a great businessman Man etc he was able to gain access to Moi power circles because of his tribe and was able to organize a few kalenjins in buses to go suck Moi off, fork YK92, one of the most destructive forces ever. He formed YK92 because he thought that Moi was great for Kenya, I would have respected him more if he was in the opposition. I still hold people like Orengo , Muite very highly even though we do not always agree. They did not sell out to the worst president in Kenyan history.
Ruto lacks the vision, creativity and imagination to lead Kenya to the next level. His only goal in life was to steal enough to get himself out of the village and sit at the main table but the problem is, that village smell stays with you no matter how much you steal. I hate to think of Ruto as the new elite that Kenyans aspire to be, I grew up admiring the educated sophisticates, the Njonjo types. We worked hard so maybe one day we could be there. It’s sad that Kids in Kenya now want to grow up to be Ruto types, thieving corrupt simpletons who saw underwear in high school.
It’s none of that, it’s growing up wanting to be the best. I am sure you grew up admiring the best software engineers out there and not the mediocre ones. People like Njonjo, Matiba had achieved quite a bit at a very young age. I have tried to quantify Ruto’s achievements, how he got there etc, there is nothing there that I would tell my kids to emulate. His poverty to riches is fake, he did not invent anything, was not a great businessman Man etc he was able to gain access to Moi power circles because of his tribe and was able to organize a few kalenjins in buses to go suck Moi off, fork YK92, one of the most destructive forces ever. He formed YK92 because he thought that Moi was great for Kenya, I would have respected him more if he was in the opposition. I still hold people like Orengo , Muite very highly even though we do not always agree. They did not sell out to the worst president in Kenyan history.
Njonjo Matiba ate the same way Ruto ate to become rich …
Matiba was a longtime PS and Njonjo Longtime AG.
They got rich by milking the Government something which has been emulated for a very long time in Kenya .It’s none of that, it’s growing up wanting to be the best. I am sure you grew up admiring the best software engineers out there and not the mediocre ones. People like Njonjo, Matiba had achieved quite a bit at a very young age. I have tried to quantify Ruto’s achievements, how he got there etc, there is nothing there that I would tell my kids to emulate. His poverty to riches is fake, he did not invent anything, was not a great businessman Man etc he was able to gain access to Moi power circles because of his tribe and was able to organize a few kalenjins in buses to go suck Moi off, fork YK92, one of the most destructive forces ever. He formed YK92 because he thought that Moi was great for Kenya, I would have respected him more if he was in the opposition. I still hold people like Orengo , Muite very highly even though we do not always agree. They did not sell out to the worst president in Kenyan history.
?s=20Let people go into the housing fund voluntarily and slowly - Boni Khalwale pic.twitter.com/nTocNUjV21
— Kenyans.co.ke (@Kenyans) May 25, 2023
It was in the Plan, Manifesto, Big 4, and has been known since 2018.Was there public participation or you are thinking for us?
?s=46&t=_zR3reMCI1bl4C4PtKD1WA Look at what this bloated POS is telling Kenyans.Prime Cabinet Secretary Musalia Mudavadi has asked Kenyans to tighten their belts for a three-year economic turmoil that has seen skyrocketing prices of essential goods and services.
— The Standard Digital (@StandardKenya) May 25, 2023
Full story: https://t.co/UQ6l8QiPFM pic.twitter.com/d4BFdHUL4V