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Kwale Dam worth 20B, high priority project?
Rank: Elder Joined: 7/26/2007 Posts: 6,514
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I though we were going to slow down on debt and figure out what is high priority and what isn't. Anyone with details on this? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/25/2012 Posts: 1,826
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Isn't water for the people of kwale a top priority
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Any project's priority depends on the actors? Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Veteran Joined: 10/8/2008 Posts: 1,575
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sitaki.kujulikana wrote:Isn't water for the people of kwale a top priority 'we' borrowed to construct a road, why not a dam? I care!
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Rank: New-farer Joined: 11/3/2015 Posts: 45 Location: Mombatha
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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
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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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? 
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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? So we should borrow more? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/25/2012 Posts: 1,826
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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? So we should borrow more? 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.
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Rank: User Joined: 1/20/2014 Posts: 3,528
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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? So we should borrow more? 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!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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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 Reminds me of treasury mandarins quoting some research by IMF, to the effect 'Kenya debt is ok so long as debt to GDP ratio is less than 74percent' - as in we can go to sleeping mode and borrow left, right and center so long as we don't exceed 74percent. In the same briefing, they didn't say that the money would have to be used prudently
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Kwale Dam worth 20B, high priority project?
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