"The (10) trustees of the fund have each contributed GHS 100,000, constituting GHS 1 million and will further raise a minimum of GHS 100 million from individuals and corporations to complement their initial efforts and the government’s fight against Covid-19, explained Edward Effah, Chairman of Fidelity Bank and a trustee at the launch in Accra."
NB
US currency = $
You forgot that part were is said, it was a part of funding already provided
TayserMahrii: Those are called speculations. Kenyan newspapers do that all day. If you call that same journalist and tell him/her to back up the claims they will start referring you to 3rd and 4th parties who will also refer you to some shady guy somewhere. The money Kenya collects from taxes alone is more tan enough to pay all civil servants. Loans go strictly to infrastructure.
That is not speculation
That is the world bank talking
The money kenya collects as tax is not enough to pay salaries and loan repayment That is why Kenya cant do without borrowing.
TayserMahrii: Where did those many zeros come from? Was it not from depreciation? How do you think Zim currency went to having dozens of zeroes? Deny all you want but we all know you had to redenominate your currency after it lost too much value for comfort.
TayserMahrii: You're the one making it a contest. The other guy trying to make it a contest is Daniela. Saw him losing his mind after discovering that airborne droplets can spread the virus, a confirmation of my previous claim, especially he was mad cos I had told him that coronavirus is not the same as ebola. You see he was claiming that they will handle the virus as easily as ebola, I guess reality is now slowly sinking in. No one is experienced to handle this virus.
You just made another prediction that I see applying to Ghana more than Kenya. Kenya's MoH has traced over 1000 contacts related to the cases and they are all in forced quarantine in gov isolation centers. It was an MP not a minister, and thats why legislators are complaining that 50 MPs who are thought to have come into contact with him be tested. However, the 50 MPs are in self quarantine and cant be allowed anywhere in public.
The virus has already spread in Kenyan communities When you carry out enough testing, you will know.
MumuCountry: Idiot! You don’t know the Chinese are hounding your mudder fuggerz for the debts your owe them? Kenya is the most useless country in the world they delight in stvpidity, which includes encouraging their wives and daughters to sleep with tourists for a dollar or two
for instance, Ghana is doing 600 test a day from two labs
Now, we have increased our testing labs to 10
TayserMahrii: The context you're trying to fix that story into isnt proper bro. The 50 MPs are being pressured by fellow legislators to be tested in Kenya. Its not like our testing is wanting. How is the data from the lab wanting? You see you cant even read a simple story to comprehend. What kind of prof are you
TayserMahrii: You have accurately predicted the outcome of Ghana
sorry
Ghana has enough money bills to keep it economy flying above the waters we have 3 billion in total at hand. That is enough money to support all the businesses that will fall into trouble.
Kenya's debts will collapse it entire economy Even before the crisis, businesses in kenya were going bankrupt
TayserMahrii: Shows how dumb you are. No country had budgeted enough emergency funds to fight something as huge as corona. Thats why most nations are now passing supplementary budgets.
Most countries have enough funds sitting in accounts they have saved, over the years for unforseen situations like this.
TayserMahrii: Then you dont understand how this model works. The money doesnt go to Valco, it goes straight to China and the West. The west then decides what infrastructure for Ghana is commensurate to the metal worth they received.
Again you are dumb
We have borrowed 2 billion dollars and the money have come to Ghana to build other infrastructure Ghana will not tax it citizens patriotic tax like kenya to pay back that money.
Ghana has asked it productive company VALCO to process Bauxite into Aluminum and sell it to China, except China has already paid 2 billion in advance for those aluminum. Due to this, we have increased the productive capacity of VALCO to produce for Ghana and China.
thereby expanding our economy by 2-5 billion dollars
TayserMahrii: Prove that Kenya has ever borrowed to pay salaries
go and ask your finance ministry for the info, you are entitle to it.
A World Bank review of the country’s economy found that overall borrowing in the financial year 2015/16 was more than development spending. Our calculations showed this was by KSh6.7 billion.
Some of this money could have been used on recurrent expenditure, against the government’s own rules, the bank said, and against the administration’s stated observance of these guidelines
TayserMahrii: We are not so dumb. How had you been using the currency all those years? Did you suddenly realize that the calculations were too cumbersome? The truth is that as soon as the Cedi's zeros hit the roof due to runaway depreciation you slashed the zeros.
We realized our economy was bound for major growth and the only thing holding it back was our strong Cedi
TayserMahrii: In that case then show me how Ghana has outshone Kenya in this coronavirus duel.
Within the borders of Ghana 5 people have lost their lives, 1 in Kenya. Similarly, 152 confirmed cases in Ghana and 50 in Kenya. Whom are you mocking??
is a virus a competition?
We have used the virus as an opportunity to build even more hospitals
The difference between Kenya and Ghana is that
In Kenya, the virus is spreading in the communities which means kenya will record even more cases. In Ghana, the virus is contained among quarantined travelers and traced contacts.
The only record of a community case has was yesterday when 10 Nigerien used unapproved routes to enter Ghana and they were caught and quarantined.
In Kenya, one of your ministers refused to be quarantined and went around spreading the virus like it is hot cake