Kenya economy outlook is positive now more than ever

Okiya

Elder Lister
@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
 

The.Black.Templar

Elder Lister
Staff member
@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
And most of those are global issues that everyone across Africa will have to deal with...same as covid. We will come out stronger
 

The.Black.Templar

Elder Lister
Staff member
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?
He abandoned the big four agenda....and focused on irrelevant things...and all that happened before those global issues...focus
 

Okiya

Elder Lister
He abandoned the big four agenda....and focused on irrelevant things...and all that happened before those global issues...focus
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
 

Okiya

Elder Lister
Does this not point to bad fiscal policies?
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
 

Kender9

Elder Lister
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?
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.
 

The.Black.Templar

Elder Lister
Staff member
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.
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
 

The.Black.Templar

Elder Lister
Staff member
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
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?
 

Okiya

Elder Lister
I honestly do not know how people thought BBI was a solution given those stats
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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