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Forum => Kenya Discussion => Topic started by: Nowayhaha on July 12, 2024, 08:38:10 PM

Title: Kenya on top of IMF borrowers with Argentina Ukraine snd Ghana - will default
Post by: Nowayhaha on July 12, 2024, 08:38:10 PM
Seems Kenya will eventaully go Sri Lanka snd Ghana Way…..

https://www.fdiintelligence.com/content/news/the-imfs-top-10-biggest-debtors-81405

Four sub-Saharan African economies round out the top 10 debtors: Angola, Kenya, South Africa and Ghana. All four received support to address the Covid-19 pandemic in 2020. The IMF said in November 2023 that a slowdown in the economy of China, which buys one-fifth of sub-Saharan Africa’s exports including metals and fuel, will weigh on the region’s growth.
Title: Re: Kenya on top of IMF borrowers with Argentina Ukraine snd Ghana - will default
Post by: RV Heavy Hitter! on July 12, 2024, 09:35:26 PM
Quote from: Nowayhaha on July 12, 2024, 08:38:10 PM
Seems Kenya will eventaully go Sri Lanka snd Ghana Way…..

https://www.fdiintelligence.com/content/news/the-imfs-top-10-biggest-debtors-81405

Four sub-Saharan African economies round out the top 10 debtors: Angola, Kenya, South Africa and Ghana. All four received support to address the Covid-19 pandemic in 2020. The IMF said in November 2023 that a slowdown in the economy of China, which buys one-fifth of sub-Saharan Africa’s exports including metals and fuel, will weigh on the region’s growth.
Covid billionaires emtied the borrowed funds. Kenya still survives!
Title: Re: Kenya on top of IMF borrowers with Argentina Ukraine snd Ghana - will default
Post by: Georgesoros on July 13, 2024, 10:02:41 PM
I just learnt that helicopters are tax free😮😮😮
And they wanted to tax bread???
What a convoluted idea
Title: Re: Kenya on top of IMF borrowers with Argentina Ukraine snd Ghana - will default
Post by: gout on July 13, 2024, 10:34:49 PM
They are about to rejoin sillykali.
Quote from: RV Heavy Hitter! on July 12, 2024, 09:35:26 PM
Covid billionaires emtied the borrowed funds. Kenya still survives!