₦airaland Forum

rvp20182:
Mad cow, that just reinforced what I said, Ruto is going for cheap concessional loans;
Secondly ministries, counties and cdf - are not salaries - they are development budget mostly.
The last month - gov will be dealing with pending bills - and closing the books - so we dont transfer problems.

Salaries are not in any arrears.

Areas are in county development allocation, CDF - Constituency Development Funds - and ministries with projects.

concessional loans is never cheap, it strangles your govt ability to carry out it duties ( workers don't get paid, projects don't get done and the economy suffers with shortages) ...... lunatic

It disprove your talking point that he has borrowed only 800bn kshs

It also tells the platform how much you like to lie.

Another spinning when the fact is telling you you're going to pay salaries with it.. I guess you think those departments run themselves because the human beings there are dogs

rvp20182:
You're an mad cow of course with little knowledge.

Kenya will pay back 1.4 trillion - and borrow 800B in the next budget - that means we are slowlying pay off our debt (principal) - and reducing debt to gdp. Ghana you've basically suspended paying for most of debt principals until 2027.

Ruto has borrowed way less than Uhuru budgetted by refusing to hike interest rate on domestic debt.
Therefore there has been very low subscription to kenya treasury bonds.
That is why we are not even 50% of budgetted borrowing with a month to go.
Ruto is keen to get cheap concessional foreign loans from IMF/WB/AFDB and such.
And to reduce domestic borrowing - and of course commercial loans.

The impact - of course - banks will be forced to lend to private sector and individuals - who will then grow the economy.

Lunatic.. the facts do not support the plan he had

As he has borrowed more than anything he planned to do ... Let's see what loans he has taken so far.
He lied that he won't borrow to pay salaries like his predecessor but is doing that.
3 months into Ruto presidency, he borrowed 407 billion kshs and by the sixth months he had already done 1 trillion kshs

Now he has gotten 578 billion kshs from the world bank and in the first week of May he got 300 billion plus kshs from Afriexim bank .

Now he is waiting for 1.1 billion dollars RSF from IMF.. I'm sure you can do proper addition🤣😂

rvp20182:
Enrol yourself in a proper school outside Ghana. Budget deficit is measured against GDP.

except I'm not measuring your budget deficits against GDP but referring to the size of the deficit itself .

This is the only way you'll understand why Ruto had to borrow above 15 billion and has done so despite promising you Kenyans that he will keep it below 3 billion dollars to get Kenya out of the mess it is in.

He seems worse than Kenyatta

rvp20182:
Go to proper school. There will be no day kenya or any other country will stop borrowing. We have to reduce borrowing until it's sustainable and also have to understand risks of overborrowing if covid or war emerges.

President Ruto: Last budget we had a deficit of almost KSh1 trillion - this 2022/2023 that is ending in a june 30th.
In this budget we have reduced it to KSh600 billion- Ruto maiden budget will start on July 1st.

That is how you progressively reduce budget deficit until you get something like -4.5% - which sustainable.

is 1 trillion not around 40% deficit? And you think that will drop magically especially when he's making the problem worse by widening the gap with 15 billion borrowing?

The Kenyan govt have it hands tied behind it back and the IMF is running the show

Obaaderemi2:
You see!
The only option he has is to keep borrowing. Kenya's revenue can not take care of the expenditures but Ruto has been going around lying about how he is saving Kenya and poor folks have been giving him standing ovation.

😂🤣

Borrowing more is a death sentence and not borrowing is a death sentence. Meanwhile he's going around telling Kenyans he has stopped borrowing and kept the cost of borrowing down 😂🤣

rvp20182:
If you can barely understand your own country - how can you understand Kenya. Ruto to borrow 15b dollars in 8 months would be something .

We have two months to close the budget - 1.5months - borrowing is at 50% of the target (which was something 7-8B dollars) - revenues at 90%.

Should I list the loans for you

He took 3 billion dollars from AfDB
Now 4.5 billion from WB

We've not even talked about local borrowing and other monies from the world bank and other petty loans from so many sources.

Always beautiful and green


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

The mess in Kenya has gotten worse. It is continuing it external borrowing to pay salaries. 4.5 billion dollars being borrowed to pay salaries.

Do far, Ruto has borrowed almost 15 billion dollars since he took office

He had one job, stop borrowing for a period

rvp20182:
What saved Ghana is less Chinese loans so it easier to conclude debt restructuring compared to your twin country Zambia. Ghana a whole decade plus to recover from default. YOU WILL NOT GET IT MAD MAN

Ghana recovered even before the IMF negotiations... What saved Ghana was prudent spending else it would have join Kenya in the mess of owing salaries and defaulting on debt, Savings it had for times like these and the fact that Ghana did not borrowed crazily from China.
Ghana will return to the Eurobond market before the year ends.

It will take Kenya 2 decades to recover from the mess it has created. Kenya's problem is, it can no longer take on debt and any attempt to do so will only sink that country deeper.
Unless Kenya gets debt forgiveness

Kingsnairaland:
you got it spot on are you in military tech.

Not really... I'm just observant and understand how most military techs work

rvp20182:
You were opposed to IMF - know you've turned 360 to claim IMF has bend to Ghana - well mad cow - IMF is going to be with you for sometime.

Another stupid Lunatic comment

IMF did not go through it normal processes to accept Ghana's offer.

It is unheard off in the IMF to dispatch a first tranche of 600 million dollars ((20%) and in time the frame it is giving to Ghana. It is also unheard off to give 40% of the money in the First year.
They should never have given Ghana this offer as money is not the problem of Ghana.

Anyway, I learnt Kenya is negotiating it 3 iMF bailout in the space of 3 years . How is that going ?

Tiopii:
I just read the article and the reason the article said Russian won was because of the great cost of the battle on their side about 25M. And the article also said "Britain and the United States did supply a huge quantity of material aid to the USSR that greatly facilitated the Soviet victory over Germany."

https://www.historyireland.com/stalins-victory-the-soviet-union-and-world-war-ii/

Same Russia signed a non aggression pact with the Nazi Germany. and were siding with Nazi Germany until they attacked the USSR.

And the original quote was Churchill said it was the Soviet Union who “tore the guts out of the Germany Army” and made Victory in the West possible in 1945.
Churchill referenced the Soviet Union not Russia. Stop with this your distortion of historical records to suit personal sentiment.

The Red Army was made up of all military personnels from all the nations under the USSR, not just Russian soldiers.

Like I say any nation under the allied force umbrella can claim victory. as they won't have done it without each other. They were all victorious.

And when the USSR was still around, it was the USSR or Soviet Union there was nothing like Russia Soviet

Russia never sided with nazi Germany but was never willing to go to war with it for people to die.

The US and UK were the ones who sided with Germany and was busy financing it. Always follow the money
They financed Germany to destroy Russia

I love the level of development


https://www.youtube.com/watch?v=K7EYs6s0Dgw


https://www.youtube.com/watch?v=aw3q-B4ZATA

Appisko:
Our softpower is no fluke

We are abusing it at this point

Sprumbaba:
You lack comprehension. The target was the missile batteries, they are supposed to be mobile. The system exhausted its supply.

The system did not exhaust it supply.

It got turned on in an attempt to intercept Russian missiles and upon realizing it was going to get hit, it was placed on auto mode to fire all it missile before the explode in residential area.

If you watch the video, you'll realize the radar getting hit at :51 and then it started firing haphazardly before the second missile hit the launchers

johbara:
trust me bro those isrealies would have tested all missiles on the Iron Dome except nuclear warheads. Even The almighty Uncle Sam can't wait to lay his hands on the Iron Dome.

The US has 2 of them and it is an inferior system

GeneralDae:
Congratulations to Ghana on successful IMF talk. Deal likely.

The IMF bending to the whims and caprices of Ghana.

I never expected them to do that

Kingsnairaland:
exactly those nato fans can't even hear when USA keeps saying we need Ukraine to succeed they don't even know why lol.

Most of them are just kids who have no understanding of anything.

They don't even know the history of any of these countries and just pass useless comments.

The US did several war games trying to attack Russia from Finland and Sweden and never came out victorious in any of them because the geography and Russia defenses makes it impossible even if they succeed in bombing the Russian Submarine base nearby.

He thinks Napoleon was stupid to choose to invade Russia from Ukraine or Hitler was stupid to do same (and these are some of the most successful generals in recent history)

Staphylococcus:
They won’t, like they don’t see what’s happening in Ukraine. It the point is that, if they do, their is nothing Russia can do. They are already surrounded by nuclear war heads and Finland will only be a plus.

A military base advantage will also play a big part. Faster deployment to Russia.

You making sound like Finland has no advantage when it’s the closest to Moscow.

So what’s the gain of Putin? Capturing a part of Ukraine, while Finland and Sweden join NATO! Did the threat to Russia increase or decrease?

Stop shifting goal post, Putin shot himself in the leg.

Yes they won't, They've learnt their lessons from years of antagonizing the Russians and have since put an importance on having good relations with Russia.

Finns are more concern about not being in the crosshairs of Russia own nasty nuclear weapons hence have vowed to never allow nukes on it territory.

The US itself is surrounded by Russia's own nuclear weapons and is more concern is not escalating on that front because it can get pretty nasty.

It's amazing how your argument keep getting childish and off topic 🤣😂

A military base in Finland will just be a dumb idea because Russia can't be invaded from Finland, the geography makes it too hard to move troops because no heavy equipment can pass there.
This makes me know that you're childish and know nothing.

The US saw Finland before choosing Ukraine, to foment trouble from knowing well it's the only possible way.

The Fins know they have no advantage over Russia and that is why they since choosed a peaceful path with Russia for their success.

The gain for Putin is the creation of a multipolar world, protecting Russians in the Donbass and defending Russia under belly. Hence Russia holds the upper hand over NATO.

So far, Putin has come out the winner as he has won on the economic front and on the battlefield.
By the time this is done, the US will pack and go while cutting it losses like in Afghanistan and Europe will be saddled with the cost.

Staphylococcus:
I am still amused that you had to write a novel on a baseless point.

So if NATO deploys nuclear missiles to the boarders of Finland, it won’t fire? Cos I don’t know what point you trying to prove here.

Moreover, Finland is just 1000km to Moscow, and shouldn’t that be a threat to Russia?

Putin lost out chasing shadows!

As if you don't know that Russia will equally annihilate all of Europe and the US when a nuclear weapon is used on it territory.

Why, are you 2years old to not know what an invasion is?

First of all, Finns will never allow nuclear weapons on their territory. Maybe Sweden will because they are not as smart .

No, Finland is less of a defense challenge for Russia than Ukraine and Georgia.
The Russians developed the Bastion defense system to defend against threats that will emanate from Finland. Hence Finland was long neutralize.

9jahotblog:
Russia Doesn’t have the half weapons US have.

US has already run out of weapons and is begging South Korea for more

b4ball:
So after all, it was Kinzal that wiped out patriot and not the other way round like Ukraine wanted to lie about? Just wow and media victory

Why tell lies if you are winning? Telling about repairs is embarrassing because it’s a less humiliating way of admitting it was hit.

😂🤣

This single event has caused panicked in NATO

Staphylococcus:
Finland is already a NATO matter, NATO is not attacking thru Finland, They will be stationing military hardwares in Finland.

Seems you don’t know what it means to be a NATO member? Where does terrain come into it?

Seem you have a reading and understanding problem.
Russia has always considered Finland and Sweden as NATO members and built counter measures for that.
Russia has no problem with that because NATO will never be able to attack and invade Russia from there.

The only possible place Russia can be invaded from by NATO is UKRAINE or Georgia... Napoleon passed there and so did the Germans as well as the Mongolians and Turks. Now you understand why Russia will never allow those two countries to join NATO

If NATO want any chance of a success in a war with Russia, it needs Ukraine because the path from the Dnieper river towards Moscow is a flat terrain that is difficult to defend which makes invasion easy.

Russia is a big country today because it needed natural defenses after being the single most invaded country on earth and the Great European plain is Russia's weakness today.

You can thank me for the education later

https://www.youtube.com/watch?v=krE8J6PQdEY

akilo1:
you are current..you are not like the idiot on top that share fake news ..Ukraine is using the patriot missile defence and in the last 48 hours it expose Russian weakness

First of all

The Patriot did not make any missile interceptions baring a few drones.

Secondly, it lasted for only 2 weeks on the battlefield and got taken out.

akilo1:
you are current..you are not like the idiot on top that share fake news ..Ukraine is using the patriot missile defence and in the last 48 hours it expose Russian weakness

First of all

The Patriot did not make any missile interceptions baring a few drones.

Secondly, it lasted for only 2 weeks on the battlefield and got taken out.

Staphylococcus:
What geography is required to know Finland also shares land boarders with Russia?

Oh! So Ukraine is more of a threat and Finland is not, when both share boarders with Russia!

So much of double standards! Just say the obvious reason! Russia cannot invade Finland because it was smart enough to quickly join NATO.

Putin has lost on all fronts! Sweden will join and Russia will be surrounded by Nuclear warheads. So what’s the meaning of occupying one country when you already lost two other countries

For instance, the geography of the Finland and Sweden area makes it impossible to attack Russia from there.
All throughout history, to attack and invade Russia, you have to use the Ukrainian lowlands and that is why Russia will never allow Ukraine or Georgia to join NATO.

Pkid1:
These ghanaians are really funny people ahswear

🤣😂

Staphylococcus:
Oh! That’s the new excuse?

It’s not a threat despite having land boarders with Russia?

So what threat is Ukraine to Russia, that Finland happens not to be part of?

Hello! It’s a baseless war! Sweden will join soon and Russia will be encapsulated with Nuclear warheads stationed around them.

study geography and you won't ask this question

vankelvin:
I know but tweeter banter between Ghana and Nigeria is too difficult for East Africans to decode and understand
[b]

They will have a brain freeze just thinking about it because Ghanaians sarcasm is so serious such that it blends the line 🤣😂

theenchanter:
Afua Tobi Amusan.🤣

🤣😂🤣

It's impossible to be angry in Ghana

Kwame Nkrumah memorial park, garden and presidential library


https://www.youtube.com/watch?v=6kQvtGqs64k