Uhuru’s 2-year loans surpass Kibaki’s last term debt

[Kadudu]

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Where will Kenya's public debt be by 2017?

http://www.standardmedia.co.ke/business/article/2000166677/uhuru-s-2-year-loans-surpass-kibaki-s-last-term-debt?pageNo=4

[Georgesoros]

These are good times. Let them roll. Don't worry about tomorrow. Like Greece let the next generation worry.

[RV Pundit]

The debt-GDP ratio are about okay thanks to re-basing of the economy. Kibaki borrowed in the same 2yrs more than Moi. Uhuru did well with SGR (if it wasn't for 10% cut they took) and 2B Eurobondo which was use to retire Kibaki's 0.6B loan and to reduce domestic borrowing.

If the railways works as intended...it will hopefully repay itself.

Where will Kenya's public debt be by 2017?

http://www.standardmedia.co.ke/business/article/2000166677/uhuru-s-2-year-loans-surpass-kibaki-s-last-term-debt?pageNo=4

[Kadudu]

And if not?
Remember the strectch Nairobi to Kisumu/Malaba is to come and crossing the Rift valley will not be cheap.

If the railways works as intended...it will hopefully repay itself.

[Georgesoros]

Thats what Cheyney said "deficits don't matter as long as the economy is doing good". USA went south and 8yrs no major recovery. You can't borrow to pay salaries. If it was for developmetn I can understand