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Kenya Economy Watch
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GGK
#241 Posted : Wednesday, August 21, 2013 9:39:06 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
Ericsson wrote:
Kenya's public debt has reached ksh.1.9 trillion or $22 billion.As a percentage to GDP it's at 51.7%.


52% is not that bad. Anything below 60% should be ok.
more importantly is our capability to repay in full without rescheduling or accumulating debt and without compromising growth
"..I am because we are. "― Ubuntu, Umtu,
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mwekez@ji
#242 Posted : Thursday, August 22, 2013 11:33:42 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Kenya gets Sh3.1b from Belgium #For electrification project in Nyanza and e-government project #Repayable in 20years at 0% interest. #Cheers
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murchr
#243 Posted : Thursday, August 22, 2013 6:31:27 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
GGK wrote:
Ericsson wrote:
Kenya's public debt has reached ksh.1.9 trillion or $22 billion.As a percentage to GDP it's at 51.7%.


52% is not that bad. Anything below 60% should be ok.
more importantly is our capability to repay in full without rescheduling or accumulating debt and without compromising growth


Hasn't our GDP grown? What is the current GDP figure?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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GGK
#244 Posted : Thursday, August 22, 2013 7:43:42 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
murchr wrote:


Hasn't our GDP grown? What is the current GDP figure?


I suspect around 3.9 Trillion
"..I am because we are. "― Ubuntu, Umtu,
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mwekez@ji
#245 Posted : Thursday, August 22, 2013 10:00:51 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
GGK wrote:
murchr wrote:


Hasn't our GDP grown? What is the current GDP figure?


I suspect around 3.9 Trillion


ditto @GGK ... @Ericsson, recheck your percentage
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the deal
#246 Posted : Thursday, August 22, 2013 10:51:29 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Debt to GDP can be 200%...its the ability to service debt that counts.
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symbols
#247 Posted : Friday, August 23, 2013 12:21:09 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
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hisah
#248 Posted : Friday, August 23, 2013 4:26:07 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
VAT shock - http://www.businessdaily.../-/12oxxp7/-/index.html

Definitely inflation rate turns bullish... Lending rate cuts out of scope. Tbill rates to remain elevated north of 9%.

These are WB/IMF economic health pills. Sigh d'oh!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#249 Posted : Friday, August 23, 2013 8:53:49 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
the deal wrote:
Debt to GDP can be 200%...its the ability to service debt that counts.


You are kidding, right? ... You know Kenya has good capacity to service debt, right?
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the deal
#250 Posted : Friday, August 23, 2013 9:15:41 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mwekez@ji wrote:
the deal wrote:
Debt to GDP can be 200%...its the ability to service debt that counts.


You are kidding, right? ... You know Kenya has good capacity to service debt, right?

What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask...
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