Nipate
Forum => Kenya Discussion => Topic started by: KenyanPlato on December 02, 2023, 12:28:53 PM
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This social misfit will finish Kenya
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Takataka and misfits are you and the cartoon guy. IMF and World Bank have lent countries low-interest loans for decades. Argentina, Egypt, South Africa, Ukraine, and other 100+ countries have been borrowing heavily for 30+ years and are doing well. Governments with corrosive corruption and no plans fail with these loans, but with an integrity-driven brother in charge, Kenya will, over time, see the prudent use of these loans.
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Takataka and misfits are you and the cartoon guy. IMF and World Bank have lent countries low-interest loans for decades. Argentina, Egypt, South Africa, Ukraine, and other 100+ countries have been borrowing heavily for 30+ years and are doing well. Governments with corrosive corruption and no plans fail with these loans, but with an integrity-driven brother in charge, Kenya will, over time, see the prudent use of these loans.
How is Argentina doing
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ngola 3,153,816,667 0 0 3,153,816,667
Argentina 31,708,000,000 0 608,000,000 31,100,000,000
Argentina, Egypt, and Pakistan went overboard, having borrowed 20 times what Kenya has borrowed, but if you dig deeper, Argentina's internal economic/fiscal discipline is wanting. Loans need prudent use and management, and a country or individual will thrive, but disaster is waiting if mismanaged and not used for economic expansion. Ten years from now, Kenya will be a model country. Angola has borrowed 2x Kenya, but their corruption level is somewhat elevated. For some reason, they've managed to use the money for development! Kenya's institutions need to be continuously strengthened, especially the auditor general, Parliament, and Judiciary, to put brakes on corruption, and citizens need to continue churning out competent executives. Over time, things will improve!
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ngola 3,153,816,667 0 0 3,153,816,667
Argentina 31,708,000,000 0 608,000,000 31,100,000,000
Argentina, Egypt, and Pakistan went overboard, having borrowed 20 times what Kenya has borrowed, but if you dig deeper, Argentina's internal economic/fiscal discipline is wanting. Loans need prudent use and management, and a country or individual will thrive, but disaster is waiting if mismanaged and not used for economic expansion. Ten years from now, Kenya will be a model country. Angola has borrowed 2x Kenya, but their corruption level is somewhat elevated. For some reason, they've managed to use the money for development! Kenya's institutions need to be continuously strengthened, especially the auditor general, Parliament, and Judiciary, to put brakes on corruption, and citizens need to continue churning out competent executives. Over time, things will improve!
Why is Ethiopia getting special treatment? From China, IMF
Ethiopia secures $1.5bn debt relief
THURSDAY NOVEMBER 30 2023
https://www.theeastafrican.co.ke/tea/business/ethiopia-secures-1-5bn-debt-relief-4449960
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Ethiopia is a basket case. Those morons are still dying from famine in 21st century. They are always fighting over there
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ngola 3,153,816,667 0 0 3,153,816,667
Argentina 31,708,000,000 0 608,000,000 31,100,000,000
Argentina, Egypt, and Pakistan went overboard, having borrowed 20 times what Kenya has borrowed, but if you dig deeper, Argentina's internal economic/fiscal discipline is wanting. Loans need prudent use and management, and a country or individual will thrive, but disaster is waiting if mismanaged and not used for economic expansion. Ten years from now, Kenya will be a model country. Angola has borrowed 2x Kenya, but their corruption level is somewhat elevated. For some reason, they've managed to use the money for development! Kenya's institutions need to be continuously strengthened, especially the auditor general, Parliament, and Judiciary, to put brakes on corruption, and citizens need to continue churning out competent executives. Over time, things will improve!
Why is Ethiopia getting special treatment? From China, IMF
Ethiopia secures $1.5bn debt relief
THURSDAY NOVEMBER 30 2023
https://www.theeastafrican.co.ke/tea/business/ethiopia-secures-1-5bn-debt-relief-4449960
Ethiopia borrowed more than Kenya then they went to war instead of development. These Chinese loans will bury them for good like it almost killed Kenya. SGR loan cannot pay itself according to report. Interest only for 999 years unless something is done. Chinese loans are 10X worse than pay day loans!
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ngola 3,153,816,667 0 0 3,153,816,667
Argentina 31,708,000,000 0 608,000,000 31,100,000,000
Argentina, Egypt, and Pakistan went overboard, having borrowed 20 times what Kenya has borrowed, but if you dig deeper, Argentina's internal economic/fiscal discipline is wanting. Loans need prudent use and management, and a country or individual will thrive, but disaster is waiting if mismanaged and not used for economic expansion. Ten years from now, Kenya will be a model country. Angola has borrowed 2x Kenya, but their corruption level is somewhat elevated. For some reason, they've managed to use the money for development! Kenya's institutions need to be continuously strengthened, especially the auditor general, Parliament, and Judiciary, to put brakes on corruption, and citizens need to continue churning out competent executives. Over time, things will improve!
Why is Ethiopia getting special treatment? From China, IMF
Ethiopia secures $1.5bn debt relief
THURSDAY NOVEMBER 30 2023
https://www.theeastafrican.co.ke/tea/business/ethiopia-secures-1-5bn-debt-relief-4449960
Ethiopia borrowed more than Kenya then they went to war instead of development. These Chinese loans will bury them for good like it almost killed Kenya. SGR loan cannot pay itself according to report. Interest only for 999 years unless something is done. Chinese loans are 10X worse than pay day loans!
IMF loans check your credit worthiness.
China checks whether you are in need.