President Elect Donald Trump described shinese as very aggressive and ruthless

Who wants Kenya’s Central Bank Governor out? Why?

http://www.theeastafrica...475238-trogd7/index.html

This guy will resign soon....

http://www.businessdaily...176-10xcr2hz/index.html

President Elect Donald Trump effect.
Dollar strengthening globally
US interest rates to rise faster than expected
Stocks are at 9 year high
Bond yields are rising due to anticipated economic stimulus by Trump

In the supplementary budget Rotich says budget for SGR has been cut by sh.43.5bn
Budget ya ministry of energy imekuwa halved to sh.60.25bn from 117bn
State department of petroleum budget has been reduced by 1.2bn
Allocation for geothermal development will go down to sh.10.5bn from 21.9bn
Number of new wells to be drilled reduced to 5 from 10
KETRACO budget for transmission and distribution has been cut to sh.47.76bn from 93.45bn
Rural electrification programme slashed to 13bn from 25bn

Money needed to service debts.

And so you answer a question have been struggling with, or the moni goes to compaign budget. Just thinking around. Will campaign moni changes the metrics of economy positively?

Kenya's budget in 2016 was bigger than Nigeria '.
How????
Nigeria budget was $20bn

Total KE debt now stands at 3.7T that puts it at about 56% of the rebased GDP. Fiscal funding is already proving problematic as exemplified by supplementary budget cuts especially for development expenditure.

KRA revenue target is 1.5T with about 600b or 40% of it expected to service debt in 2017/2018. In my opinion, KRA will struggle to beat this year's 1.3T revenue. That means we could very well use more than 50% of our revenues to service debt.
http://www.businessdaily...6440-cl9kj8z/index.html

The govt is still mulling over where to source external funds(euro bond etc) seeing as domestic borrowing has regularly exceeded the proposed ceilings. One major problem to this plan is that any substantial KES weakness will blow up both our debt burden and our debt service ratio. This is even before any more external borrowing is sourced for current budgetary support.

Adding on to that pile of misery is that global and local interest rates are bound to rise and rise astronomically at that. Treasury has a tough decision to make and they had better do it fast. At 70% debt to GDP ratio and a greater than 50% debt service ratio in the face of dwindling revenues, KE economy will be in excruciating pain. This horror show could play out as soon as next year.