"Ruto is killing the economy" and other stories.

[Denis Young]

What makes a good leader? A good leader is someone who is able to diagnose a problem correctly and implement a solution. We can argue on the solution but the problem has and was the debt crisis.

Solving the debt crisis has reduced interest rates, boosted equities on the NSE, increased FX reserves, reduced the cost of GOK borrowing, increased FDI, and reduced the cost of living.

And as I told Okiya, the economy will start thriving in 2025 and global credit rating agencies are starting to see that as well.

https://www.reuters.com/world/africa/sp-upgrades-kenyas-credit-rating-b-easing-liquidity-risks-2025-08-22/?taid=68a91bfd23282f000194341e&utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

 

[Cortedivoire]

Solving the debt crisis

Kasongo has borrowed more loans than his predecessors. Explain again how borrowing more loans will solve the debt crisis

 

[livefire]

What makes a good leader? A good leader is someone who is able to diagnose a problem correctly and implement a solution. We can argue on the solution but the problem has and was the debt crisis.

Solving the debt crisis has reduced interest rates, boosted equities on the NSE, increased FX reserves, reduced the cost of GOK borrowing, increased FDI, and reduced the cost of living.

And as I told Okiya, the economy will start thriving in 2025 and global credit rating agencies are starting to see that as well.

https://www.reuters.com/world/africa/sp-upgrades-kenyas-credit-rating-b-easing-liquidity-risks-2025-08-22/?taid=68a91bfd23282f000194341e&utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Unsellable, his manifesto was "No borrowing"!!! Period

 

[Denis Young]

Kasongo has borrowed more loans than his predecessors. Explain again how borrowing more loans will solve the debt crisis

First, do you understand what a budget deficit is?

 

[Denis Young]

Unsellable, his manifesto was "No borrowing"!!! Period

Where in the manifesto does it say Kenya will not borrow?

 

[Cortedivoire]

 

[Cortedivoire]

what a budget deficit is?

when government expenditures exceed its revenues.

 

[Young_Turk]

First, do you understand what a budget deficit is?

Where in the manifesto does it say Kenya will not borrow?

We don't know. Ebu tuambie Professor.

 

[livefire]

Where in the manifesto does it say Kenya will not borrow?

Weren't we here whenever he was castigating Uhuru for excessive borrowing? What is he doing himself, far much worse....his economic model was to cut borrowing but he has done the complete opposite surpassing his predecessor. Am being lenient with words but he is a con artist.

 

[Denis Young]

View attachment 108248View attachment 108249

Do you know how to read?

 

[Denis Young]

when government expenditures exceed its revenues.

Eeeh...nearly there. So how does a government make up for the shortfall?

 

[zapp_brannigan]

We don't know. Ebu tuambie Professor.

Same WhatsApp

 

[Denis Young]

Weren't we here whenever he was castigating Uhuru for excessive borrowing? What is he doing himself, far much worse....his economic model was to cut borrowing but he has done the complete opposite surpassing his predecessor. Am being lenient with words but he is a con artist.

So he didn't say he will 'not borrow', but cut borrowing?

 

[Cortedivoire]

So how does a government make up for the shortfall?

Stop stealing. Reduce bloated executive with useless advisors and CAS. Borrowing loans is not the solution

 

[livefire]

So he didn't say he will 'not borrow', but cut borrowing?

Nonsense

 

[Denis Young]

Stop stealing. Reduce bloated executive with useless advisors and CAS. Borrowing loans is not the solution

Wow. And Kenya has saved 900billion from these innvoative proposals.