wazua Thu, May 2, 2024
Welcome Guest Search | Active Topics | Log In | Register

2 Pages<12
the uneconomical uhuru budget
nyari
#21 Posted : Thursday, June 11, 2009 1:29:00 PM
Rank: Member


Joined: 11/13/2006
Posts: 94
True,it was more positive.

We could change the subject everytime or better yet start up a rival blog with all the perks we've always wished for


Djinn
#22 Posted : Thursday, June 11, 2009 1:40:00 PM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
lowering duty on luxury items (spirits,cosmetics,jewelery) - aimed at promoting consumerism and I thinks he is abt to unleash a big tax hammer on corporates. Zero VAT on bicycles.

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
ecstacy
#23 Posted : Thursday, June 11, 2009 1:43:00 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Djinn
#24 Posted : Thursday, June 11, 2009 1:52:00 PM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
I see RAO woke up in time for the concluding remarks. A very commendable 5 minutes of attention to issues of national importance...

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
Njunge
#25 Posted : Thursday, June 11, 2009 1:56:00 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
The entire budget makes the heading of this post totally irrelevant.Can Jupiter edit it or we start another............At a glance,it's people friendly.

Yombo dhier....!!
Nothing great was ever achieved without enthusiasm.
ecstacy
#26 Posted : Thursday, June 11, 2009 2:03:00 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
good budget
Obi 1 Kanobi
#27 Posted : Thursday, June 11, 2009 4:51:00 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
For the first time a budget has been made that addresses the needs of the people. I like the idea of every constituency being allocated a utility.

A health facility and a secondary school is a good start. Next year we should see more; a police station,a court house,a polytechnic etc. Thats the way communities develop.

God work Mr. Uhuru,you took the punches for the 9B error,so now enjoy bonquets for a thoughtfull people oriented budget.


I guess if you can't win with facts,you can always pen bile-laced,xenophobic rants to distract everyone.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
Njunge
#28 Posted : Friday, June 12, 2009 6:59:00 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Obi,

Agreed.......Fine budget but it requires a thorough follow-up especially by our MPigs,otherwise most of the proposals will remain just that.....!!






Yombo dhier....!!
Nothing great was ever achieved without enthusiasm.
Mainat
#29 Posted : Friday, June 12, 2009 7:33:00 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Its an aspirational rather than a good budget. It aspires to:


Cut spend by reducing car sizes,furtniture spend et al. It'll mean new ones have to be boyught and old ones probably kept in some basements. Who is going to monitor the other spending cuts? The same accoutning officers that have been signing off ridiculous imprests?
CDF- How many CDFs do you know that are not functioning for one reason or the other? Isn't the issue that CDFs are being mismanaged and hence money is not being well spent. Where its spent,the change in MPS kills most of those projects. Wintess the bs in Mathira as a classsic example
Budget deficit is actually closer to Ksh300bn and not Ksh169bn as quoted in the press. Will KRA deliver? Will external grants come in?


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
reithi
#30 Posted : Friday, June 12, 2009 7:57:00 AM
Rank: Member


Joined: 1/12/2007
Posts: 75
Generally,the budget was good but was disappointed by failure to rein in on recurrent expenditure with such a huge deficit. It is depressing to see wasteful spending in ministries e.g. motor vehicles,unnecessary travel abroad,allowances,workshops,office refurbishments etc.

Making good budget proposals is the easy part. I will reserve my verdict after implementation.

reithi
vision2030
#31 Posted : Friday, June 12, 2009 8:32:00 AM
Rank: Member


Joined: 8/27/2008
Posts: 171
A good budget.

Reviving the Kenya uganda- railway would help save our roads from heavy trucks.

Seeks to promote tourism by exempting 4wd vehicles designed for tour operations.

It is responsive to marginalised members of our society.

It sets a 200m interest free revolving fund for business ventures of the elderly,physically challenged .200m was also allocated as cash transfer to senior citizens and 100m for purchase of specialised equipments for physically and mentally challenged.




CM1234
#32 Posted : Friday, June 12, 2009 9:29:00 AM
Rank: Member


Joined: 6/3/2009
Posts: 1
A GOOD BUDGET IT WAS,BUT LET US WAIT AND SEE!

KEEP PEACE AND LEAVE IN PEACE ITS NECESSARY.
FundamentAli
#33 Posted : Friday, June 12, 2009 9:35:00 AM
Rank: Veteran


Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
@ Jupiter

The fact that something is expensive does not mean it is uneconomical. Expensive relates to the amount of money used. Economical relates to the effecient utilisation of resources to get the maximum benefits. Yes,this budget is huge,but tell us why it is uneconomical.


Fundamentals + Sentiments = Position
RO
#34 Posted : Friday, June 12, 2009 11:23:00 AM
Rank: Member


Joined: 6/11/2009
Posts: 21
I keep hearing (from news articles) how the government will probably plug the 300bn deficit with bond issues and treasury bills and how this is bound to raise interest rates due to banks favouring to lend to the government as opposed to lending to the public.

Anyone with any prediction of interest rate rises (especially for mortgages) through 2009 and 2010?


Disguised Opportunity?
Jay R
#35 Posted : Friday, June 12, 2009 12:11:00 PM
Rank: Member


Joined: 1/5/2009
Posts: 117
Location: Taehan Minkook.
@ jupiter.
I take the budget to be a good one.It's is the duty of governments all over the world to step in where the private sector can't/won't.The times are difficult for very one hence the need for the big budget.China a few years ago was putting a cap on investments/spending/lending,things were bright and the gov't wasn't spending.Came in a the American craze and the Chinese gov't unleashed 600B US$ to spend on projects which were all along on hold.The Americans have their 1 trillion+ US$ for spending and every sensible gov't is doing the same.
If a government can't spend during hard times,who will? Is every country doing the same as Uhuru is trying to do,uneconomical? Enlighten me.

When i see my purple,you see it not.
when i see my purple, you see it not!
stocksguru7
#36 Posted : Friday, June 12, 2009 1:20:00 PM
Rank: Member


Joined: 6/28/2007
Posts: 38
Where is THE BUDGET in this budget most of the business issues have not been tackled at all


UN PACTUM UN DICTUM
UN PACTUM UN DICTUM
Users browsing this topic
Guest
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.