C & P:
The Economist (me) hs bn doing alot of research on Jubilee Coalition pledges and
their financial implecations.
Let do the maths:
1) Solar powered laptop cost $399. There are appx 800,000 pupils joining class 1 in
kenya yearly. Lets use 80/- as the dolar
... exchange rate. Therefore. 399 x 80/- x 800,000 = 256Billion. NB/ Thts exclusive of logistical shippment charges. ...
2) 100,000 tractors for farmers. A cultivation tractor costs $30,000.
Therefore. 30000 x 80 x 100000 = 2.4 trillion.
3) Maziwa ya nyayo. The small tetra pack commercially goes for20/-. We hv 800,000 class 1 entrants. Lets
assume non drops out. Therefore, 20/- x 800,000 x 8classes =64million. Per
day given. Assume its given once a week. 64million x
42academic wks = 2.6Trillion
4) Grants to women and youth equivalent
to CDF. Cdf wl be aquarter of budget. Lets
assume the budget remains at 1Trillion.
Therefore, it wl be 250million. TOTAL 5.4Trillion. Thts exclusive of free port expences. Add that to normal recurrent expenditure
of 500million (which wl increase due to
devolution). And 250million CDF. To finance all that, the Jubilee finance
secretary must read a 7 trillion budget. Currently we'a on a 1 trillion budget. That means taxes must go up 7 times and
thus everything wl go up 7 time.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".