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Of Kusema na Kutender and Economy Melt Down
Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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In other words a few people have the money that should otherwise have been put in productive use to earn revenue or pay debts. Govt if you make your bed on basis of mismanagement you must lie on it. In baks 1st term govt had money people didn't have the money.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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How much of the National budget do counties get? Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
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KulaRaha wrote:How much of the National budget do counties get? Katiba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Impunity wrote:KulaRaha wrote:How much of the National budget do counties get? Kati. ba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. Yes. But they retained 80percent functions at national level so as not to miss out on tenders. Counties on the other hand have to find ingenious ways to spend the idle 20percent, as they keep demanding for more. Baba doesn't make things easier, jubilee even forced to go on their knees to beg governos to pardon them for not giving more
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Rank: Member Joined: 3/23/2011 Posts: 503
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Impunity wrote:KulaRaha wrote:How much of the National budget do counties get? Katiba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. @Kularaha. Its not percentage but a percentage of most recent audited revenue accounts (yaani whatever KRA collects) Even a BrOKeN clock is right twice a day
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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Rollins wrote:Impunity wrote:KulaRaha wrote:How much of the National budget do counties get? Katiba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. @Kularaha. Its not percentage but a percentage of most recent audited revenue accounts (yaani whatever KRA collects) Either way, the bigger part still remains with the Central Govt. 60% of 1trillion
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Rollins wrote:Impunity wrote:KulaRaha wrote:How much of the National budget do counties get? Katiba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. @Kularaha. Its not percentage but a percentage of most recent audited revenue accounts (yaani whatever KRA collects) So, in reality, where is the most eating done? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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At national level they lose over 30percent of the revenue to tenderprenuers - abt 300billion. Most of this is used to buy expensive assets and with tax evasion very little gets back to exchequer in form of taxes collected
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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At county level they lose 50-100b. Total loss 350-400b. This money isn't used in any meaningful production, it's the same money govt ends up borrowing from shylocks in the subsequent year to continue and sustain the cycle
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Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
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KulaRaha wrote:Rollins wrote:Impunity wrote:KulaRaha wrote:How much of the National budget do counties get? Katiba says minimum to be 15%,but baba pushed the gaament until they gave them 40% in the last budget. @Kularaha. Its not percentage but a percentage of most recent audited revenue accounts (yaani whatever KRA collects) So, in reality, where is the most eating done? National gaaament through tendeprenuers.  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Of Kusema na Kutender and Economy Melt Down
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