See what smoking weed can do to your fragile brain

rvp20182:
We owe IMF - IMF loans to Kenya stood at $ 298.81 million as at September 30, 2019,

This week alone you borrowed 1B dollars....from the last resort lender.

Multilateral donors is not IMF - we owe IDB, ADB, EADB, etc money. Not IMF. IMF is the baddest of them all. IMF is receive manager. Ghana is under it. The undertaker.

Just30:
once the one is not in our account because we have not accessed it, we don't owe them

Meanwhile, Kenya will have to pay almost 3 billion to the IMF this year while 1 billion dollars goes to China and 1.5 billion goes to commercial banks

that is more than your export revenue


meaning 18 billion dollars leave Kenya every year.

How is that gap fixed?

Hungry kenyan how is kiberiashit shaping up to coronavirus?

rvp20182:
Multilateral donors is not IMF - we owe IDB, ADB, EADB, etc money. Not IMF. IMF is the baddest of them all. IMF is receive manager. Ghana is under it. The undertaker.

rvp20182:
Multilateral donors is not IMF - we owe IDB, ADB, EADB, etc money. Not IMF. IMF is the baddest of them all. IMF is receive manager. Ghana is under it. The undertaker.

i like your dumbness

when was the last time IDB, ADB and EADB give you money?




Multilateral is specifically WB and IMF

check your debt portfolio as at 2018 and see if IMF and WB are not the largest holders of your debt

rvp20182:
Facts are very stubborn things.

Africa GDP looks like this as of last year.
1 Nigeria 444.916 2,233.45
2 South Africa 371.298 6,331.46
3 Egypt 299.589 3,019.72
4 Algeria 183.687 4,229.78
5 Morocco 121.350 3,409.95
6 Kenya 99.246 2,010.51
7 Angola 92.191 3,060.02
8 Ethiopia 90.968 951.10
9 Ghana 68.258 2,262.57
10 Tanzania 61.032 1,172.18

Now GDP can be cooked (see Nigeria) - but what pays country debts is GOV REVENUES.

Let see Revenue to GDP as of 2017
South Africa 28%
Kenya 18%
Ghana 13.5%
Nigeria 5%

Let see what actually exists in Gov Coffers of Ghana and Kenya.
Kenya- 18.2% of 100B - is about 18B - none of this is from commodities - therefore steady sustainable gov revenues.
Ghana - 13.5% of 68B - is about 9B - about half of that is probably from minerals and oil (mini-Nigeria)- oil alone account for I think 1B dollars.

Now let which country is Banana republic.
Kenya - external debt servicing - 2.5B billion dollars per annum.
Ghana - external debt servicing - 2.5B billion dollars per annum.

You see - just for the external debt component - Ghana is spending 1/3 of its money to service it - while Kenya is spending about 11%.

So you know who is going to call IMF. Ghana obviously because it doesn't know what prudent public financial management looks like.

Other stuff like GDP can be cooked - but you cannot COOK EVERYTHING.

Common shut up..you've been lying to the world that you are Africa's third largest economy...this is from world bank recent report (9th of April 2020)


While most countries in the region have been affected to different degrees by the pandemic, real gross domestic product growth is projected to fall sharply particularly in the region’s three largest economies – Nigeria, Angola, and South Africa— as a result of persistently weak growth and investment

https://www.worldbank.org/en/news/press-release/2020/04/09/covid-19-coronavirus-drives-sub-saharan-africa-toward-first-recession-in-25-years

let me gaze at the stars...

Just30:


i like your dumbness

when was the last time IDB, ADB and EADB give you money?




Multilateral is specifically WB and IMF

check your debt portfolio as at 2018 and see if IMF and WB are not the largest holders of your debt

Just30:



you are still making noise


Facts from this data says, you've been running to the IMF and World bank all the time and that is why you debt servicing to them is larger than anywhere else.

Strong economies with strong data trust their economy enough to borrow from the Bond Market

That is why you see SA, Nigeria and Ghana have a high debt servicing to the bond market.

Again, if you are going to use 2017 data update yourself cos Ghana revenue to GDP was 20%

I noticed it too..cos Nigeria revenue to GDP was hovering around 6% last year..

Shma:
I see anything unless you provide a clear images like this
These are not super rich mansion.

An avenue to post where Nigerians live...

Who will bail out kenya airways this time? IMF/World Bank ain’t giving anymore loans

rvp20182:
let me gaze at the stars...

GAZE well

because hunger is coming for you

rvp20182:
let me gaze at the stars...

it is also gone for good

Noisyrians:
Who will bail out kenya airways this time? IMF/World Bank ain’t giving anymore loans

rvp20182:
IMF= Ghana Central Bank. WB= Ghana Dev bank. They are not the same. World Bank is like a commercial bank.IMF deal only with Central Bankers. If central bank is the banker of last resort. IMF is the banker of the last resort of the last resort.

You go to IMF when the shits has or is about to hit the fan.

You go to WB when you want to get a sewage system.

You are not properly schooled. the former focuses on economic stability, the later focus is towards economic growth. so what is actually Separating the two is, the IMF objective focus on measures of well-being other than growth After all, despite Your GDP growth, you 're yet to save millions of turkana out of poverty and hunger Ghana on the other hand was known on the record to be the first country to first half its poverty rate in the entire sub Sahara africa. it seems the growth of IMF sister institution ""the world bank"" has never improve kenya life

In just 10 years


Kenya has manage to build an external debt stock from 8.8 billion dollars to 48 billion dollars

how the hell did they get there

Just30:
In just 10 years


Kenya has manage to build an external debt stock from 8.8 billion dollars to 48 billion dollars

how the hell did they get there

and he foolishly called this developmental growth

Just30:


they are shock to realise i could pull a data that expose their huge indebtness to the IMF their coloniser

you know the truth really hurts. After you exposed them about their huge indebtness to the the IMF, They don't know how to cover up their shame, so they beg for mercy or by posting another thing that dosent relate to the argument. Kenyans are funny folks walai

samorobo:


Why not imagine joburg or SA as a whole..must you always imagine Lagos or Nigeria

I used lagos as it has similar population of New York, population around 20m

Joburg is around 6m, I figured lagos would be perfect

i swear

Problemkid1:
you know the truth really hurts. After you exposed them about their huge indebtness to the the IMF, They don't know how to cover up their shame, so they beg for mercy or by posting another thing that dosent relate to the argument. Kenyans are funny folks walai

vaxx1:
and he foolishly called this developmental growth

It is a foolish way to build up debt

rvp20182:
As of today - Kenya owe IMF 250M dollars. . Ghana nearly 2B dollars.(1.7B dollars)
https://www.imf.org/en/Countries/GHA
https://www.imf.org/en/Countries/KEN

Lol

Colony things.

Noisyrians:
See what smoking weed can do to your fragile brain

Did you eventually a brain mumucountry or you are still looking?

vaxx1:
They are very rich nation that can sustained the lockdown even for a year but with heavy consequences. nearly all advanced nation will be reporting a negative growth this year . country such USA and Germany can still lock up for as long as they care.. Italy has spent more than any nation on this pandemic than any country yet is still under lock . Germany is spending but smart, her manufacturing industry is not closed down .

it is africa that I pitty. lockdown is practically not for us. informal sector dominate economy here.

Even the US is feeling the pinch, many filling for unemployment, business closing down esp small medium enterprises

Just30:
is this now a fashion in Kenya

You haven't seen anything yet. you can see how foolish these kenyans are. Very disgusting creatures this one weak me walai

gallivant:


Lol

Colony things.

Ask the idiot you are dick sucking , how much does kenya owned the Bretton wood institution in general. not just IMF

samorobo:


An avenue to post where Nigerians live...

Makoko?

Just30:
In just 10 years


Kenya has manage to build an external debt stock from 8.8 billion dollars to 48 billion dollars

how the hell did they get there

Provide the proof hobbit. You know how this works.

Austine1212:


Even the US is feeling the pinch, many filling for unemployment, business closing down esp small medium enterprises

I think trump was making mention of how he intend opening up America

vaxx1:
Ask the idiot you are dick sucking , how much does kenya owned the Bretton wood institution in general. not just IMF

Just provide the data hobbit. That's all am asking.

vaxx1:
Ask the idiot you are dick sucking , how much does kenya owned the Bretton wood institution in general. not just IMF

Here you go hobbit!

As of today - Kenya owe IMF 250M dollars. . Ghana nearly 2B dollars.(1.7B dollars)
https://www.imf.org/en/Countries/GHA
https://www.imf.org/en/Countries/KEN

gallivant:


Just provide the data hobbit. That's all am asking.

is that your mother middle nickname? you know I don't spoonfeed lazy brain

they go scorch earth when you expose them

Problemkid1:
You haven't seen anything yet. you can see how foolish these kenyans are. Very disgusting creatures this one weak me walai

gallivant:


Here you go hobbit!

As of today - Kenya owe IMF 250M dollars. . Ghana nearly 2B dollars.(1.7B dollars)
https://www.imf.org/en/Countries/GHA
https://www.imf.org/en/Countries/KEN

I am sure you are blind to go thru the table just30 upload here . you shouldn't be repeating this agian.

vaxx1:
is that your mother middle nickname? you know I don't spoonfeed lazy brain

Quit your tantrums and face the facts hobbit.