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Forum => Kenya Discussion => Topic started by: Kadudu on March 07, 2018, 04:13:47 PM

Title: State has no money to finance projects, Henry Rotich says
Post by: Kadudu on March 07, 2018, 04:13:47 PM

And we are told everything is going according to plan. Uhuruto will finish this country by 2022. Where are the huge loans they have borrowed gone too?

Why only go for the money allocated to counties when the biggest wastage is in the 85% being gubbled by the national govt?

Quote

Mr Rotich also revealed a proposal to slash the billions allocated to counties by between Sh15 billion and Sh17 billion.

https://www.nation.co.ke/news/Government-has-no-money/1056-4332152-vs2xdrz/index.html

Title: Re: State has no money to finance projects, Henry Rotich says
Post by: Kim Jong-Un's Pajama Pants on March 07, 2018, 05:26:49 PM

Has he factored in the 30% annual theft?  Maybe this year they steal only 10%?

Title: Re: State has no money to finance projects, Henry Rotich says
Post by: Georgesoros on March 07, 2018, 06:58:15 PM

Govt. workers have not been paid. Counties have not been paid. Contractors have not been paid. Who else?

Title: Re: State has no money to finance projects, Henry Rotich says
Post by: patel on March 08, 2018, 12:13:13 AM

There is no way GoK can be broke. I think Rotich is looking for easy way to float more bonds and loans.