In my opinion, our government has become so broke and is printing too much money,indicators are:-
1. 25% increase in money pumped into the economy over the last 6months from CBK weekly reports.
2. Declining Forex reserves despite fall in oil prices, increase in tourist arrivals, increase in remittances, increase in coffee and tea prices, November to January increase in foreign investors at NSE and so on.

Foreign investors try to take advantage of the twin gains on the stock market and currency of an emerging economy where they get higher returns than in their own markets because of this twin gain effect. But it seems in Kenya, all the gains are being used to pay the 40 members of cabinet, pay for the problems caused by Ministry of Education e.t.c and the shilling continues to drop, ama is this pseudo economics?

Are we the next greece albeit a small fish borrowing to feed people?

@VVS what is the outlook? I mean even the kawaida man uses the strength of their currency to somewhat judge where the economy is headed other factors not withstanding, in the past it has worked quite well to a large degree. Look at the gains in agricultural sector(our mainstay) having nil effect? Say some of the money is being used on constructing thika/mombasa road, would we still be headed down, are the growth projections of kitu 4% realistic under the circumstances?, has the economy been misread to the degree that we are headed for trouble. Foreigners are very sensitive to such, they know it before we do. Is the spending on the balance positive or negative? Is it time to pull out like the foreigners have done? Or should the government urgently control its spending even more to avoid inflation, just a bit nervous, tell me there is no reason to be nervous?

@much know. check out the US situation. The article below is really interesting taking about the states never going broke, but expecting to always attract foreigners.

http://pragcap.com/us-default

Aren't the US printing much more money than we are? Going by this, we may soon find foreign investors coming from countries where our own printing is small time...

This stimulus bug will is another bubble.