What do you think?
Someone break this down for me /us
- Thread starter Okiya
- Start date
Haven't been to Central for a long time but I think the price of fuel in Central has increased by a big margin since Uhuru left. The price of electricity also I suspect is also way high in Central compared to when Uhuru left. Borrowers in Central are also being charged a high interest by the banks compared to Uhuru days. Prices of commodities have also gone high.
Am I right?
Tiiga Waana
Elder Lister
Kenya has never had debt obligations before JSKS came along?which debt did uhuru pay?
This is an old tired line you are famously known to use when you run out of ideas as you so often does. Get creative and insightful.
As is the norm, cost if living increased suring moi than the previous govt, it also increased again under kibaki and under uhuru and now under ruto....and it will also increase again after the next election.
Jibu swali nimekuuliza
I have literraly educated you on this thread, you should be thankful
Tiiga Waana
Elder Lister
JSKS is the first President to pay International and Local debts owed by the Kenyan State. Let’s clap for him.
Kenyatta I, Moi, Kibaki and Kenyatta II were naively being gratuitous to lenders.
I have literraly educated you on this thread, you should be thankful
[/QUOTE]
You literally need to educate yourself first Mate. You are literally mistaken.
Cost of during the former 4 presidents increased gradually during their tenure. For Ruto it has increased sharply.
For instance when Uhuru came to power fuel was 109bob. He exited when fuel was 159 bob. That's an average of 5 bob per year or 5% per year.
Ruto fuel has increased to 213 in 18 months. That's an average of 30 bob per year or 19%. Did your boss increase your salary by 19%?
As you do your calculations also add in the billiona lost in fuel subsidies too
This is a good sign
Ruto is also subsidising fuel. Are you aware of that?
You literally need to educate yourself first Mate. You are literally mistaken.
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Yoi seem to constantly miss the point
There was hype that we are going to repay the Eurobond and come out of debt. Seems that's not the case
Just do your calculations and come back
Where was this hype?
Check your president's last state of the nation address and his interview with Bloomberg in June. He even said Kenya was to buy back $300m Eurobond last December which never happened
I've done mine that show 19% increase in one year. What do your calculations show?
How much of that includes subsidies?
So you are saying that kenya will default?
No, I'm saying Ruto made promises which he never met