Wow! Close to 400B for dvt expenditure.

1.155 T. Wachana na hizo 411. A budget cannot shoot from 996B to 1.5T within a year, unless Moi was president last year LOL!

1.155T it is. Development expenditure - 398.6B, spending on infrastructure to increase by 33% to 221B.

http://af.reuters.com/ar...s/idAFJOE7510AQ20110602

Seems like we are spending more and more on development than on consumption. The ratio should still be improved, but the trend is good. 411 out of the window! :)

No word; hope 411 doesnt mis-inform me again!

How to raise this money? Dwindling revenues.
What happens to the widening national debt?
What does it do to the ksh?
What about inflation? Supply side or not...

I'm happy some people are now awakening and demanding to know what is in the budget & what goes where & why. If the whole world was to demand the same, the global economy would be a paradise instead of a ponzi

It depends on what they asked for... treasury doesn't make "blanket" allocation in the NGO-style of "here is some cash, go figure out what you can do with it"

It operates more like: "tell us what you plane to do the coming year and how much it will cost; then we will figure out where to get the cash from"

What Uhuru preesented are the spending estimates as requested by the various ministries.... the budget speech will mainly highlight how he plans to raise the money.

Nevertheless, what would Roads Dept do with more than 100b in 12 months. Their biggest project at the moment is the Thika Superhighway. Total cost of this is 26b, to be spent over three years... about 8b per year. So with 100b this year, they can be engaged in in 12 thika-road sized projects at one go!!

hopefully, kra will be able to institute tax reforms fast enough to grow revenues, but pretty much everything else kes, debt and inflation should worsen.

i think to fund the deficit they'll need to borrow more externally ... parliament has already allowed them to borrow up to 800 bn in external debt, but i don't think IMF will allow this (so they can secure debt repayment for there programs).

This financial year, ministries overspent on salaries (as well as defense spending) and pretty much underspent on everything else ... if this trend continues then we're simply digging a deeper hole.

Wonderful numbers.....if we get a more responsible government tunapita singapore zooooom!!!

1. Ponzi scheme - U.S style


2. Conspiracy


3. Impunity


4. Stealing - via over taxation!!!

Unworkable in real sense!