Baliv254:
the actual road on the thumbnail pic


https://www.youtube.com/watch?v=rudZmDhpGec

More of that road.

Mombasa

Kisumu.

rvp2018:
For the big and small Zoo. Kenya is not going bust anytime soon. Your countries will.

Ghana is spending 50% of their revenues to pay external debt.

Kenya spend mere 10%...lowest in sampled countries.

stop spotting useless stuff...


This is from Bloomberg, Kenya is spending almost 70% of revenue on debt servicing. By next year, according to Bloomberg, it will be 90% of your revenue that you'll be spending on debt servicing .... Zoo country.
Kenya debt servicing is 10% of GDP but 70% of revenue.
Last year December, your country debt servicing cost to revenue was 62%.


As usual, you don't know shit about your country.

Ghana is spending 40% of it revenue on debt servicing.
Ghana debt servicing to GDP is 3.3%


I wonder when you'll ever stop lying

Nairobae

A portion of Kwahu looking all fine


https://www.youtube.com/watch?v=zHfwbkgRtBo

Just40:
A portion of Kwahu looking all fine

Fine is a word misused.

gallivant:


Fine is a word misused.

You will consider yourself rich in Kenya if you could afford to live in something like that ...


The properties here are finer than your best in Ka*ren

Just40:
parkland Nairobi compare to this community of Kumasi will be regarded as a poor affordable housing community.

Just like everything in Nairobi, usually unimpressive.

Your best will always be a normal community here.

Upgrade parkland into a modern community like Ohimase

Parklands is better than entire Accra dwarf city.

Parklands

https://www.youtube.com/watch?v=-ZE1Y-e21HM

Accra

https://www.youtube.com/watch?v=K04_ZOqEYPY

gallivant:


Parklands is better than entire Accra dwarf city.

Parklands

https://www.youtube.com/watch?v=-ZE1Y-e21HM

Accra

https://www.youtube.com/watch?v=K04_ZOqEYPY

parkland is not even better than Ohwimase in Kumasi, considering how roadless parkland is and with no drainages, let alone compare to Accra.

Learn not to speak above your ability

https://www.youtube.com/watch?v=xDZKDjlsMp4


https://www.youtube.com/watch?v=H-odhCQ3ve0

Kenya gov an print it's way out domestic debt.
Ghana is projected to default on it's debt by 2024 - because external debt is now going to overtake GDP.
You cannot print your way out of external debt - because it's has to be paid in dollars

Just40:
stop spotting useless stuff...


This is from Bloomberg, Kenya is spending almost 70% of revenue on debt servicing. By next year, according to Bloomberg, it will be 90% of your revenue that you'll be spending on debt servicing .... Zoo country.
Kenya debt servicing is 10% of GDP but 70% of revenue.
Last year December, your country debt servicing cost to revenue was 62%.


As usual, you don't know shit about your country.

Ghana is spending 40% of it revenue on debt servicing.
Ghana debt servicing to GDP is 3.3%


I wonder when you'll ever stop lying

Just40:
stop spotting useless stuff...


This is from Bloomberg, Kenya is spending almost 70% of revenue on debt servicing. By next year, according to Bloomberg, it will be 90% of your revenue that you'll be spending on debt servicing .... Zoo country.
Kenya debt servicing is 10% of GDP but 70% of revenue.
Last year December, your country debt servicing cost to revenue was 62%.


As usual, you don't know shit about your country.

Ghana is spending 40% of it revenue on debt servicing.
Ghana debt servicing to GDP is 3.3%


I wonder when you'll ever stop lying

Pray for Ghana. IMF bailout is inevitable...

rvp2018:
Kenya gov an print it's way out domestic debt.
Ghana is projected to default on it's debt by 2024 - because external debt is now going to overtake GDP.
You cannot print your way out of domestic debt - because it's has to be paid in dollars

Good luck printing your way out let's see

If you knew what was happening to Turkey, you won't be posting this nonsense

By 2024 where Ghana debt will drop from the current 74.6% to 54% of GDP, kindly explain how Ghana will default.
Stop making shit up out of your desperate brain.

Your country Kenya will most likely default on it debt because your debt servicing to revenue will hit 90% by next year.

gallivant:


Pray for Ghana. IMF bailout is inevitable...

Nothing compares to your country desperate situation right now.


Have you seen the fuel lines in your country ?
Have you seen the bread lines?


By next year, Kenya would not even be able to pay it public sector workers.

And guess what, the majority of Ghana's debt had been invested into profitable ventures that can repay the debt on their own.

Hope I can say same for your country but that's not possible because of the nonsense that happens in Kenya.

Just40:
Good luck printing your way out let's see

If you knew what was happening to Turkey, you won't be posting this nonsense

By 2024 where Ghana debt will drop from the current 74.6% to 54% of GDP, kindly explain how Ghana will default.
Stop making shit up out of your desperate brain.

Your country Kenya will most likely default on it debt because your debt servicing to revenue will hit 90% by next year.

The IMF and Worldbank will seize your King when you default.

Next after Srilanka and Lebanon - no points for guessing - Ghana and Angola. They will join their bossom friend Zambia.

gallivant:


Pray for Ghana. IMF bailout is inevitable...

Long stories.
Ghana eurobond yield now at 15%....kenya is 7%
Ghana cedis has depreciated by 19%..kenya is less than 5%.
You've taken tonnes of external debt..mostly commercial...Kenya has very little external debt mostly concessional.
You own opposition leader Mahama has said country is about to default in paying external debt.

Unless you can get 15+19=35% more money every year to keep up the payment - you're going to default on Eurobond VERY SOON.

Just40:
Nothing compares to your country desperate situation right now.


Have you seen the fuel lines in your country ?
Have you seen the bread lines?


By next year, Kenya would not even be able to pay it public sector workers.

And guess what, the majority of Ghana's debt had been invested into profitable ventures that can repay the debt on their own.

Hope I can say same for your country but that's not possible because of the nonsense that happens in Kenya.

gallivant:


The IMF and Worldbank will seize your King when you default.

shh

You don't a shred of economic sense

They will be seizing your country again for your failure to repay their debt

rvp2018:
Long stories.
Ghana eurobond yield now at 15%....kenya is 7%
Ghana cedis has depreciated by 19%..kenya is less than 5%.
You've taken tonnes of external debt..mostly commercial...Kenya has very little external debt mostly concessional.
You own opposition leader Mahama has said country is about to default in paying external debt.

Unless you can get 15+19=35% more money every year to keep up the payment - you're going to default on Eurobond VERY SOON.

Yet Ghana debt servicing is at 45% while that of your country is 70%... Isnt it because Kenya borrowed foolishly?

Is that not why your servicing cost is so high?
If you country could borrow sensibly like Ghana, you won't be paying such high servicing...


Unfortunately Kenya cannot increase revenue collection, infact this year, your revenue will drop by 30% because of the economic crisis there. This will even put you in a much more messier situation.
And guess what, you'll be having elections soon.

Kenya is just in a nastier situation

https://www.youtube.com/watch?v=jYUMdztu2cM

More rubbish.
External repayment alone in Ghana is 50% of revenue
We have not even talked about domestic debt.
Below is graph from Economic Intelligence Unit.
Kenya even when we drop the ball still have best African economist (outside RSA/Magreb)
And our economic policy wonks knows a thing about prudent public financial management.
That is why we have always had a strong economy
And the worse in Africa historically - if we exclude Zim (crushed by sanctions) & war-torn countries- are well KNOWN GHANA, ZAMBIA AND ANGOLA.
That since independence - they have gone broke so many times people forget about.
Ghana cedis and Zambia Kwacha at some point where near Zimbwabwe like....too many zeros.

Just40:
Yet Ghana debt servicing is at 45% while that of your country is 70%... Isnt it because Kenya borrowed foolishly?

Is that not why your servicing cost is so high?
If you country could borrow sensibly like Ghana, you won't be paying such high servicing...


Unfortunately Kenya cannot increase revenue collection, infact this year, your revenue will drop by 30% because of the economic crisis there. This will even put you in a much more messier situation.
And guess what, you'll be having elections soon.

Kenya is just in a nastier situation

Just40:
Yet Ghana debt servicing is at 45% while that of your country is 70%... Isnt it because Kenya borrowed foolishly?

Is that not why your servicing cost is so high?
If you country could borrow sensibly like Ghana, you won't be paying such high servicing...


Unfortunately Kenya cannot increase revenue collection, infact this year, your revenue will drop by 30% because of the economic crisis there. This will even put you in a much more messier situation.
And guess what, you'll be having elections soon.

Kenya is just in a nastier situation

Don't throw figures around, you are only confusing yourself. 16 economic bailouts is not surprising anymore when you look closely at the facts.

That is what he does.
The art of obstufication and subterfuge without any sophistry.
Someone need to take him to mental asylum
For now Mcnaughton rule applies to whatever he post that is not audio-visual;

gallivant:


Don't throw figures around, you are only confusing yourself. 16 economic bailouts is not surprising anymore when you look closely at the facts.

rvp2018:
More rubbish.
External repayment alone in Ghana is 50% of revenue
We have not even talked about domestic debt.
Below is graph from Economic Intelligence Unit.
Kenya even when we drop the ball still have best African economist (outside RSA/Magreb)
And our economic policy wonks knows a thing about prudent public financial management.
That is why we have always had a strong economy
And the worse in Africa historically - if we exclude Zim (crushed by sanctions) & war-torn countries- are well KNOWN GHANA, ZAMBIA AND ANGOLA.
That since independence - they have gone broke so many times people forget about.
Ghana cedis and Zambia Kwacha at some point where near Zimbwabwe like....too many zeros.

I know economic is not your strong area but at least deal in facts.
They are freely available online.

So will you stop posting nonsense ?


Come back to reality kiddo because I know you've seen me post this before. This is just from early March.

Don't be desperate Ghana is not the reason why your whole country is desperate

gallivant:


Don't throw figures around, you are only confusing yourself. 16 economic bailouts is not surprising anymore when you look closely at the facts.

Those figures are from Bloomberg

Are they also throwing figures around ?

Desperate kid

rvp2018:
That is what he does.
The art of obstufication and subterfuge without any sophistry.
Someone need to take him to mental asylum
For now Mcnaughton rule applies to whatever he post that is not audio-visual;

The health services in Ghana must be subpar, in most other countries society would have seen through his insanity and did the necessary.

Just40:
Those figures are from Bloomberg

Are they also throwing figures around ?

Desperate kid

Post the source so we can confirm the figures..

Kenya total revenue is around 21B dollars.
Total debt repayment annually is around 7B - with about half domestic - half external.
That works out to 30-35 percent or about of servicing ratio
Which is prudent and which is sustainable.
Most of our external debts are long maturity low interest debt
70% of our external debt are concessional (from World Bank/IMF/ADB/China) - with maturity age of 30yrs - meaning very low repayment
We dont gorge ourselves with Eurobond like Ghana and Zambia because it's "FREE".
You run to Eurobond every year since you discovered it - and now you're paying interest of 15% and paying it in DOLLARS.
Zambia is already kaput for doing the same.
All eyes on Ghana to default on Eurobond payment soon.
They wanted to refinance Eurobond with Eurobond - NO TAKERS.

Just40:
I know economic is not your strong area but at least deal in facts.
They are freely available online.

So will you stop posting nonsense ?


Come back to reality kiddo because I know you've seen me post this before. This is just from early March.

Don't be desperate Ghana is not the reason why your whole country is desperate

He is probably stuck abroad on welfare cheque if not selling drugs or yahoo!.
For he lived with normal humanbeings - he would already be under mental health facility.

gallivant:


The health services in Ghana must be subpar, in most other countries society would have seen through his insanity and did the necessary.

Ghana definitely the next Sri-Lanka/Lebanon/Zambia... they wanted to go back to Eurobond to borrow to pay Eurobond

Ghana suffered its worst credit rating downgrade post-HIPC/MDRI this year when Fitch Ratings and Moody’s Investor Services cut the country’s score to B negative and Caa1 respectively in mid-January and early February respectively.

The latest rating puts the country in the ‘red zone’ of the scale used by rating agencies to assess the creditworthiness of sovereigns across the globe.

It now means that Ghana’s debts are, for the first time since the 2000s, considered highly speculative and substantially risky by investors and analysts. In other words, Ghana’s debts are seen as junk by investors.

https://www.myjoyonline.com/isaac-adongo-ghanas-worst-downgrade-the-blissful-ignorance-and-pompous-arrogance-of-a-government-holding-on-to-straws/

Just40:
Except I'm not being patriotic but speaking facts..

And those facts are well known here including to you because you've admitted them here but because of your senseless patriotism and for the sake of just arguing, you turn to not make sense in anything you post here.

Maybe you're in a different universe, where facts are 'nonsensical and mind-numbing submissions & vice versa. '

And stop regurgitating people's views.

rvp2018:
Kenya total revenue is around 21B dollars.
Total debt repayment annually is around 7B - with about half domestic - half external.
That works out to 30-35 percent or about of servicing ratio
Which is prudent and which is sustainable.
Most of our external debts are long maturity low interest debt
70% of our external debt are concessional (from World Bank/IMF/ADB/China) - with maturity age of 30yrs - meaning very low repayment
We dont gorge ourselves with Eurobond like Ghana and Zambia because it's "FREE".
You run to Eurobond every year since you discovered it - and now you're paying interest of 15% and paying it in DOLLARS.
Zambia is already kaput for doing the same.
All eyes on Ghana to default on Eurobond payment soon.
They wanted to refinance Eurobond with Eurobond - NO TAKERS.

again you're not reading

Kenya total revenue is 17 billion dollars and your annual debt servicing is 12 billion dollars according to Bloomberg.

Ghana total revenue is 20 billion dollars and annual debt servicing is 9 billion dollars.


I know economic is not your strong hold hence why you keep posting nonsense.

Because we take Commercial loans, that is why we are able to invest it into profitable businesses instead of going for slave loans from IMF and WB or China, like you. Loans that are only invested in loss making nonsense. Which is the reason why Kenya was unable to pay it debt last year and it had to take Ghana to negotiate debt relief for your country.


Even after the debt relief, today your country is in a murky situation, unable to buy fuel.