Like the Kimwarer and Arror money?70% of which 20% of it is in the tax havens
Exactly. But @mkurugenzi will come here and lecture us that we need to borrow more like JapanIt carries little meaning because debt has different effects on different countries. Whereas Japan can comfortably bear a debt of 200%, other countries would collapse with a 50% debt.
It carries little meaning because debt has different effects on different countries. Whereas Japan can comfortably bear a debt of 200%, other countries would collapse with a 50% debt.
Japan also is a creditor which offsets their debts.I'm sure you know most of Japan's debt is in Japanese yen.
Yes, Hasla says we need to borrow more.Exactly. But @mkurugenzi will come here and lecture us that we need to borrow more like Japan
To him, statistics are like a lamppost to a drunk: for support rather than illumination.
The currency of the debt is immaterial for huge economies with access to sizeable forex reserves.I'm sure you know most of Japan's debt is in Japanese yen.
The currency of the debt is immaterial for huge economies with access to sizeable forex reserves.
Duale says heavy borrowing occurred between 2013-2017 when hasla was ndani ya serikal. Handshake saved the country. He blames Rotich for not advising the govt and parliament about debt levels. No wonder uhuru fired rotich.