Kenya economy outlook is positive now more than ever

@The.Black.Templar I can bet you just looked at the heading and stopped there!!

These two paragraphs below are straight from the body of the same article.

"The projected growth will, however, be softer than 7.5 percent last year largely due to the rising cost-of-living crisis, below-average rainfall and weakening shilling in a net import economy."

"The slowdown [from last year’s] will be partly driven by tighter monetary policy, a weaker shilling and high inflation; all tempering demand. Additionally, extreme weather events and a higher risk of debt distress are key factors to watch"

In short, they are saying 2023 will be worse economically than 2022 despite us punishing nanii
 
Okiya said:
@The.Black.Templar I can bet you just looked at the heading and stopped there!!

These two paragraphs below are straight from the body of the same article.

"The projected growth will, however, be softer than 7.5 percent last year largely due to the rising cost-of-living crisis, below-average rainfall and weakening shilling in a net import economy."

"The slowdown [from last year’s] will be partly driven by tighter monetary policy, a weaker shilling and high inflation; all tempering demand. Additionally, extreme weather events and a higher risk of debt distress are key factors to watch"

In short, they are saying 2023 will be worse economically than 2022 despite us punishing nanii
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And most of those are global issues that everyone across Africa will have to deal with...same as covid. We will come out stronger
 
Okiya said:
Pre election Uhuru told us those were global issues but Kenya Kwanza campaign agenda was that the handshake was responsible for them. Why are you now turning around?
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He abandoned the big four agenda....and focused on irrelevant things...and all that happened before those global issues...focus
 
The.Black.Templar said:
He abandoned the big four agenda....and focused on irrelevant things...and all that happened before those global issues...focus
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I again can bet you don't know why the big 4 agenda failed to materialize. For instance, manufacturing failed because of high operating costs, high electricity costs and a heavy taxation burden. But they told you it failed because of handshake. And sadly you believed it
 
The.Black.Templar said:
Does this not point to bad fiscal policies?
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Yes it does. Bad fiscal policies like the costly KShs 156billion government subsidies on petrol. But like I said, they told you it's because of the handshake that we are where we are. Of course, they couldn't go campaigning asking for the removal of the subsidies
 
Okiya said:
Pre election Uhuru told us those were global issues but Kenya Kwanza campaign agenda was that the handshake was responsible for them. Why are you now turning around?
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The reality the Kenya Kwanza adherents will have to grapple with, kwanza huyo President wao akiapishwa, the following day ni siku ya EPRA kucheza vile IMF and World Bank ordered.
 
Kender9 said:
The reality the Kenya Kwanza adherents will have to grapple with, kwanza huyo President wao akiapishwa, the following day ni siku ya EPRA kucheza vile IMF and World Bank ordered.
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It is assmio people who are expecting such miracles, we can already see them complaining of how bad things are and the president elect is yet to be sworn in
 
Okiya said:
Yes it does. Bad fiscal policies like the costly KShs 156billion government subsidies on petrol. But like I said, they told you it's because of the handshake that we are where we are. Of course, they couldn't go campaigning asking for the removal of the subsidies
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So why did uhuru not do away with it to avoid killing the big 4 agenda? And do you think raila would have removed it?
 
The.Black.Templar said:
So manufacturing and big four agenda failed because of fuel subsidy?
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This graph is self explanatory why Big 4 capital projects failed

IMG_20220908_125445.jpg
 
The.Black.Templar said:
I honestly do not know how people thought BBI was a solution given those stats
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BBI was about balancing the skewed recurrent expenditure. More money to be channeled to places where there is higher population. i.e. one man, one vote one shilling.

Since you believe Uhuru failed to achieve Big 4 because of BBI, do you know how much money was spent on BBI?
 
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