Sunday, February 19, 2023

Kenya's debt and budget 2023


  1. Managing debt in the looming national economic crisis in Kenya

How much to borrow especially as a Country from China and then the Eurobonds especially for development projects and infastructure projects as Kenya continues to develop. A number of projects have began and been carried out to completion. 

Payback

How long it will take to payback the debts that Kenya takes and where the Country will get this money. Another option is internal borrowing and getting money from taxes

Another option is making the project be self reliant like charges on the Expressway and the fares for the Standard Gauge Railway and the various ports in Mombasa and Lamu.

Kenya has invested and will continue to invest heavily on infrastructure. Roads and buildings including affordable housing.

Some of the sights as Kenya invests in infrastructure 



What should be done is to have national debt in Kenya reduce.

The budget

Let us wait to see what President Ruto Williams budget the first under the UDA government 

Middle income economy with most individuals and business taking home quite a sum of money every month. The Hustler Narrative is actually real and we are waiting to see if it has an effect on the GDP of the Country 

How does Kenya plan to repay it's debt

Forms of Kenyan debt