Tues 9th August 2022, Election Day
Lol global star.. where is the 10% to make these projects viable? wake me up when Kenya hits 10% we need to grow at 15% for the next to meet 2030 goals..
Quote from: KenyanPlato on August 21, 2017, 08:23:08 AMLol global star.. where is the 10% to make these projects viable? wake me up when Kenya hits 10% we need to grow at 15% for the next to meet 2030 goals..So the infrastructure projects can only be viable at 10% growth rate?
Quote from: hk on August 21, 2017, 08:46:33 AMQuote from: KenyanPlato on August 21, 2017, 08:23:08 AMLol global star.. where is the 10% to make these projects viable? wake me up when Kenya hits 10% we need to grow at 15% for the next to meet 2030 goals..So the infrastructure projects can only be viable at 10% growth rate?This one of the pillars that 2030 envisioned of achieving its goals.. without 10% growth or 15% to achieve 2030 our economic problems won't be solved.
Which projects are not viable? After re-basing that 10% doesn't look so high. Already kenya is lower-middle-income country with 1,500 gpd per capita. 2030 is where we hope to get 5,000 gpd per capita - around where South Africa is - and I don't see why we shouldn't get there.Quote from: KenyanPlato on August 21, 2017, 08:23:08 AMLol global star.. where is the 10% to make these projects viable? wake me up when Kenya hits 10% we need to grow at 15% for the next to meet 2030 goals..
0-14 years: 40.87% (male 9,592,017/female 9,532,032)15-24 years: 18.83% (male 4,398,554/female 4,411,586)25-54 years: 33.54% (male 7,938,111/female 7,755,128)55-64 years: 3.84% (male 819,665/female 976,862)65 years and over: 2.92% (male 590,961/female 775,842) (2016 est.)
At 6% for the last few yrs our economy is on of the global star performers. Nigeria or South Africa would be happy with 2% growth the last year's.We need to move from 6% to 10% ..and that is Jubilee challenge now.
You really like to throw words around so rebasing will take growth of 5% to 10% remember we had the benefit of Telecoms and IT in the last rebasing. In the next one these industries will be mature and our population would have started to age. Rember Genexr will be turning 50 in the next 5 years and will be retiring 15 years from now; Pension payments and other obligations will make Kenya the GREECE of EAC