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Kwale Dam worth 20B, high priority project?
sitaki.kujulikana
#11 Posted : Saturday, December 05, 2015 1:05:36 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
Othelo wrote:
sitaki.kujulikana wrote:
KulaRaha wrote:
whiteowl wrote:
4eva eva wrote:
thuks wrote:
sitaki.kujulikana wrote:
Isn't water for the people of kwale a top priority


'we' borrowed to construct a road, why not a dam?

Debt to GDP ratio is what we should be looking at, currently at 55%,thats very much sustainable


do you work for IMF/WB? smile


So we should borrow more?

smile

yes as long as we have willing lenders, don't be worried very few poor will get to your middle class, so your gated estates and fast food outlets are safe.

Borrowing is not the issue. But what is done with the money!!!! Good chuck gets wasted!!!

the middle class is ok if borrowing is done to redo outering road or thika road but they have an issue if borrowing is done to put up a dam in kwale.
streetwise
#12 Posted : Tuesday, December 08, 2015 3:32:18 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The issue is the B. That is what we are all seeing , what is 10% of 20B.
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