Author Topic: one bullet to save kenyan economy  (Read 796 times)

Offline KenyanPlato

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one bullet to save kenyan economy
« on: September 15, 2022, 05:11:03 PM »
1) slash recurrent expenditure by 10% for 10 years
2) Freeze infrastructure development for 5 years. just complete all contracted projects and don't allow others
3) Fix the electricity cost issue. either reduce generation capacity or just produce at lowest cost possible while freezing all high cost producing units

that is the easiest route out of the mess. austerity them after austerity you provide stimulus to sectors that can increase productivity immediately

Offline hk

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Re: one bullet to save kenyan economy
« Reply #1 on: September 16, 2022, 07:26:12 AM »
1) slash recurrent expenditure by 10% for 10 years
2) Freeze infrastructure development for 5 years. just complete all contracted projects and don't allow others
3) Fix the electricity cost issue. either reduce generation capacity or just produce at lowest cost possible while freezing all high cost producing units

that is the easiest route out of the mess. austerity them after austerity you provide stimulus to sectors that can increase productivity immediately
Everything is pegged on fiscal responsibility, without fixing that the economy can't grow out of the current  economic malaise.

Offline KenyanPlato

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Re: one bullet to save kenyan economy
« Reply #2 on: September 16, 2022, 02:28:09 PM »
1) slash recurrent expenditure by 10% for 10 years
2) Freeze infrastructure development for 5 years. just complete all contracted projects and don't allow others
3) Fix the electricity cost issue. either reduce generation capacity or just produce at lowest cost possible while freezing all high cost producing units

that is the easiest route out of the mess. austerity them after austerity you provide stimulus to sectors that can increase productivity immediately
Everything is pegged on fiscal responsibility, without fixing that the economy can't grow out of the current  economic malaise.

no one wants to hear that. austerity to health

Offline gout

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Re: one bullet to save kenyan economy
« Reply #3 on: September 16, 2022, 03:15:36 PM »
Austerity in our situation is like starving a dehydrated diarrhoea patient. There is no magical bullet. It is a lot of trial and errors.

I would say let the hasora manifesto run its course and just have conducive business environment to increase productivity.

The cost of power way to go is an alternative to Kengen-Kenya Power- IPPs-IFC/IMF/AfDB axis. Courageous reforms! Doing any business feasibility study, cost of power is a showstopper. Seek all alternatives- coal in Mui basin. Tax breaks on biogas and Solar or whatever EU will be using this winter.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline KenyanPlato

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Re: one bullet to save kenyan economy
« Reply #4 on: September 16, 2022, 03:37:29 PM »
Austerity in our situation is like starving a dehydrated diarrhoea patient. There is no magical bullet. It is a lot of trial and errors.

I would say let the hasora manifesto run its course and just have conducive business environment to increase productivity.

The cost of power way to go is an alternative to Kengen-Kenya Power- IPPs-IFC/IMF/AfDB axis. Courageous reforms! Doing any business feasibility study, cost of power is a showstopper. Seek all alternatives- coal in Mui basin. Tax breaks on biogas and Solar or whatever EU will be using this winter.
lol the patient is already dying because excessive tapeworms. just de worm the patient and then feed them fattening foods.