josimar wrote:http://www.the-star.co.ke/news/article-135977/kenya-risks-financial-crisis-two-trillion-debt.
At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.
Red flags are always being raised but am yet to her the Garment address this issue.
Ati "owes the government"?...Si I thought Government ndio ina owe creditors deni?
..the Govt owes debt..and since the public owns the Govt..the child therefore owes creditors of the GovtKE KES50,000.00...not the Govt.
#BasicEconomics
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version