If China does not agree, we will see China coming to pull down Kenya's pant to get their money.

vaxx1:


That china that is selling back the relief items Italy sent to them as COVID relief.

Mombasa port is already gone, so the next thing that will go is Kenya standard rail and Nairobi inland port as the contract forces Kenya to compel all load to be transported on the rail despite the fact that it is expensive to do that.

1 You have a porous ability to reason. they are many reasons to have urgent balance payment . . convid 19 has made almost half the world country to fall into that same pit. kenya is presently hit. your agriculture and tourism industry which are the first and second most productive venture have largely being affected . tell me why you will not need bail out now? as for the rapid credit , you will surely not qualify cus your economy surely need a prudent management as I speak.


2...Your useless broke nation is currently seeking and pressing after IMF stopped your acess last June after failing your goverment failed to agree on a reduction of the fiscal deficit.


3. your highest worry now should be China, currently Ghana finance minister is working toward extending you loan payment with Bretton wood institution and likewise other africa countries. . China does not believe In forgiving debt . they will soon hold your nation into account.

Negotiating for an overdraft facility and emergency facility is not the same thing. This is as plain as English can get.

As regard to Ghana helter-skelter debt diplomacy - please speak for your broke country - kenya has not asked for any debt relief from any it's creditors.

This is not first time we are experiencing economic shocks..We are Africa's most resilient economy - we have had droughts, near civil war, global recessions etc - on such regularity and we didn't go begging.

We know what prudent public financial management is.

vaxx1:


1 You have a porous ability to reason. they are many reasons to have urgent balance payment . . convid 19 has made almost half of the world country to fall into that same pit. kenya is presently hit. your agriculture and tourism industry which are the first and second most productive venture have largely being affected . tell me why you will not need bail out now? as for the rapid credit , you will surely not qualify cus your economy surely need a prudent management as I speak. your overdraft comes with a term ad agreement and you are going to pay interest on it. emergency loan aren't easy to combine particularly not the kind of agreement Ghana negotiate on. first of its kind .


2...Your useless broke nation is currently seeking and pressing after IMF stopped your acess last June after failing your goverment failed to agree on a reduction of the fiscal deficit.


3. your highest worry now should be China, currently Ghana finance minister is working toward extending you loan payment with Bretton wood institution and likewise other africa countries. . China does not believe In forgiving debt . they will soon hold your nation into account.

vaxx1:
I hate stupid people. and I don't mind calling them into attention .

that's only a mentality.
Some people hate facts and when facts start to unfold, insults will be the saviour.
Some people are too good in that it's only that they conduct themselves in a sane manner. Hence you will find someone chest beating for bombarding someone with insults not responded.

Naa

you don't have enough forex reserve because in just 2 weeks your forex reserve went down by almost a billion dollars

Sorry, but the UN does not bring any money into the Kenyan economy except the small one million dollars that it use to pay it workers in Kenya and Pay the running cost of the facility that in use it Kenya.

Your huge trade deficit has made sure that your economy remained desperately dependent on CHARITY LOAN from the IMF and WB that does not grow your productive capacity.
Hence as you acquire more of those debt, your small economy remain dependent as a colony with no capacity to pay back.

This chart showing your debt repayment says you always have a forex problem hence why you borrow from IMF hugely despite knowing that their money is not growing your economy.

the Beauty of Ghana EuroBond is, we go all the time to expand our economy because we have sound stats and a good credit rating but the IMF will not allow Kenya to venture.

rvp20182:
You didn't bother to read the % of kenya Eurobond oversubscription that dwarfs Ghana.

As regards to dollar inflows to Kenya - we never have a problem. We have enough forex reserves - on average 6 months worth - when we need only 4 months.

We get forex from trade (5-6b), lot more from FDIs, re-partition by Kenya companies all over Africa, remittances, tourism, from UN and international organization stationed in Kenya (2B dollars - UN alone 1B dollars).

We have not asked for IMF bailout since 1990s.

Now Ghana - with all the GOLD (more than south Africa), Aluminium, Bauxite, Oil and all the remittances - your CEDIS in 10yrs has lost 600% or more of it's value.In 2009 - you were like 1 to 1 to Cedis to dollar -now it's about 6 CEDIS to a dollar.

Kshs in same period has depreciated from 75shs to a dollar to now 106 shs..not even by 50%...something close to 25% depreciation.

The Kenya finance minister was first on the phone to Call Ghana's finance minister to plead to Kenyas behalf from China else Kenya will fully lose it sovereignty because Kenyans were too dumb to over exposed themselves to bilateral loans with bad terms

rvp20182:
Negotiating for an overdraft facility and emergency facility is not the same thing. This is as plain as English can get.

As regard to Ghana helter-skelter debt diplomacy - please speak for your broke country - kenya has not asked for any debt relief from any it's creditors.

This is not first time we are experiencing economic shocks..We are Africa's most resilient economy - we have had droughts, near civil war, global recessions etc - on such regularity and we didn't go begging.

We know what prudent public financial management is.

Without dignifying the nonsense not worthy of a rebuttal - how do you spend more than Kenya - when your entire budget is like 10-15B dollars. kenya has double your budget (more than Nigeria - your elder congenital sibling). Your debt repayment and Kenya is the same -around 30%. We pay our teachers and civil services more than twice what you pay.

Just30:
Naa

you don't have enough forex reserve because in just 2 weeks your forex reserve went down by almost a billion dollars

Sorry, but the UN does not bring any money into the Kenyan economy except the small one million dollars that it use to pay it workers in Kenya and Pay the running cost of the facility that in use it Kenya.

Your huge trade deficit has made sure that your economy remained desperately dependent on CHARITY LOAN from the IMF and WB that does not grow your productive capacity.
Hence as you acquire more of those debt, your small economy remain dependent as a colony with no capacity to pay back.

This chart showing your debt repayment says you always have a forex problem hence why you borrow from IMF hugely despite knowing that their money is not growing your economy.

the Beauty of Ghana EuroBond is, we go all the time to expand our economy because we have sound stats and a good credit rating but the IMF will not allow Kenya to venture.

Poor Kenya the IMF and WORLD BANK colony

With China as a grandfather

Kenya has borrowed 3 billion from IMF and WB every year for the past 10 years.

I knew you couldn't last long before your puny brain overheats. Take a break or rat soup - and comeback refreshed - we know you're used to double track education - and we are approaching the afternoons - time for a new group to come in.

Just30:
The Kenya finance minister was first on the phone to Call Ghana's finance minister to plead to Kenyas behalf from China else Kenya will fully lose it sovereignty because Kenyans were too dumb to over exposed themselves to bilateral loans with bad terms

rvp20182:
I knew you couldn't last long before your puny brain overheats. Take a break or rat soup - and comeback refreshed - we know you're used to double track education - and we are approaching the afternoons.

..

rvp20182:
Without dignifying the nonsense not worthy of a rebuttal - how do you spend more than Kenya - when your entire budget is like 10-15B dollars. kenya has double your budget (more than Nigeria - your elder congenital sibling). Your debt repayment and Kenya is the same -around 30%. We pay our teachers and civil services more than twice what you pay.

hahaha are you crazy

Ghana budget for 2020 was 20 billion dollars for 30 million people
you don't come close.

Only Ghana has more dollars inflow into it economy to be able to repay it debt.
Kenya runs a huge trade deficit so it is always starved of dollars and COVID has only made it worse as there is no more tourism inflows.

Ghanaian civil servants and Public servants are highly paid than Kenyas

rvp20182:
I knew you couldn't last long before your puny brain overheats. Take a break or rat soup - and comeback refreshed - we know you're used to double track education - and we are approaching the afternoons - time for a new group to come in.

Hahaha A policy your public service has beg us to loan to you because you so desperately need a solution to your crisis.

IMF didn't have an easter weekend as they were busying trying to keep Ghana afloat. Worry about such stuff. Not academic debates

IMF Executive Board approves a US$1 billion disbursement to Ghana to address the COVID-19 Pandemic

https://www.imf.org/en/News/Articles/2020/04/13/pr20153-ghana-imf-executive-board-approves-a-us-1-billion-disbursement-to-ghana-to-address-covid-19
“The uncertain dynamics of the pandemic creates significant risks to the macroeconomic outlook. Ghana continues to be classified at high risk of debt distress. The authorities remain committed to policies consistent with strong growth, rapid poverty reduction, and macroeconomic stability over the medium-term.

Just30:
hahaha are you crazy

Ghana budget for 2020 was 20 billion dollars for 30 million people
you don't come close.

Only Ghana has more dollars inflow into it economy to be able to repay it debt.
Kenya runs a huge trade deficit so it is always starved of dollars and COVID has only made it worse as there is no more tourism inflows.

Ghanaian civil servants and Public servants are highly paid than Kenyas

rvp20182:
Negotiating for an overdraft facility and emergency facility is not the same thing. This is as plain as English can get.

As regard to Ghana helter-skelter debt diplomacy - please speak for your broke country - kenya has not asked for any debt relief from any it's creditors.

This is not first time we are experiencing economic shocks..We are Africa's most resilient economy - we have had droughts, near civil war, global recessions etc - on such regularity and we didn't go begging.

We know what prudent public financial management is.

Yes that stupidly shows in your poor management in servicing China loan.


Only if you know emergency and overdraft are both regarded as debt . while you will be paying noting as interest on the former one , you are expected to even pay an overdraft fee for the courtesy of paying transactions that exceed your initial balance for your overdraft. You might even have to pay a fee if your account remains negative for particular period of months . that is not prudent, that cost is on the head of the poor paying tax citizen of kenya.

Currently, Ghana finance minister and her south africa counterpart are asking for debt review and relief on your behalf. if your official are weak mentality to proceed on that . Ghana will do it on your behalf. who knows what kenyatta went to do in China apart from begging when he was made to appear before China legislators like a slave before his master. you know he was declare missing At home. he might properly be begging China for little more relief.


kenya may never stop begging, since she required more debt to service another pending one.

Asking for an emergency loan will take off a lot of points from your credit score.Asking for debt relief is begging. You're a lot denser than Just30.

Kenya is prepared to weather through this - and we might even see the economy grow.

vaxx1:
Yes that stupidly shows in your poor management in servicing China loan.


Only if you know emergency and overdraft are both regarded as debt . while you will be paying noting as interest on the former one , you are expected to even pay an overdraft fee for the courtesy of paying transactions that exceed your initial balance. You might even have to pay a fee if your account remains negative for particular period of days . that is not prudent, that cost on the head of the poor paying tax citizen of kenya.

Currently, Ghana finance minister and her south africa counterpart are asking for debt review and relief on your behalf. if your has weak mentality to proceed in that . Ghana will do it on your behalf. who knows what kenyatta went to do in China apart from begging when he was made to appear before China legislators like a slave before his master. you know he was declare missing At home. he might properly be begging China for little more relief.


kenya may never stop begging, since she required more debt to service another pending one.

rvp20182:
IMF didn't have an easter weekend as they were busying trying to keep Ghana afloat. Worry about such stuff. Not academic debates

IMF Executive Board approves a US$1 billion disbursement to Ghana to address the COVID-19 Pandemic

https://www.imf.org/en/News/Articles/2020/04/13/pr20153-ghana-imf-executive-board-approves-a-us-1-billion-disbursement-to-ghana-to-address-covid-19
“The uncertain dynamics of the pandemic creates significant risks to the macroeconomic outlook. Ghana continues to be classified at high risk of debt distress. The authorities remain committed to policies consistent with strong growth, rapid poverty reduction, and macroeconomic stability over the medium-term.

IMF was actually busy think of How to give poor economies like Kenya debt relief for 2 years so that you economy does not crash

IMF has made 1 billion available to Ghana if we want to access their 1 trillion dollar fund.

We will access it if we need it even though it is a conditional free loan.

In the meantime, we will depend on our own monies first

It's a loan that will be repaid. It's not free money.If you're unable to pay now - your debt repayment became worse.

Kenya we only want a standby facility - just in case we need to tap into it. This standby facility is needed to shore up market and economic sentiments...to protect Kshs and our macro-economics. We may not even draw a shilling.

Just30:
IMF was actually busy think of How to give poor economies like Kenya debt relief for 2 years so that you economy does not crash

IMF has made 1 billion available to Ghana if we want to access their 1 trillion dollar fund.

We will access it if we need it even though it is a conditional free loan.

In the meantime, we will depend on our own monies first

vaxx1:
Yes that stupidly shows in your poor management in servicing China loan.


Only if you know emergency and overdraft are both regarded as debt . while you will be paying noting as interest on the former one , you are expected to even pay an overdraft fee for the courtesy of paying transactions that exceed your initial balance for your overdraft. You might even have to pay a fee if your account remains negative for particular period of months . that is not prudent, that cost is on the head of the poor paying tax citizen of kenya.

Currently, Ghana finance minister and her south africa counterpart are asking for debt review and relief on your behalf. if your has weak mentality to proceed in that . Ghana will do it on your behalf. who knows what kenyatta went to do in China apart from begging when he was made to appear before China legislators like a slave before his master. you know he was declare missing At home. he might properly be begging China for little more relief.


kenya may never stop begging, since she required more debt to service another pending one.

slave before his master

you are mean

China dictate the terms because they sold their sovereign for 3 billion dollars
Their MAU MAU grandfathers will be turning in their graves

rvp20182:
Asking for an emergency loan will take off a lot of points from your credit score.Asking for debt relief is begging. You're a lot denser than Just30.

Kenya is prepared to weather through this - and we might even see the economy grow.

haha

don't worry, you will get that debt relief you so badly need right now
Ghana will make sure you get it because we don't want to see the images of poor starving Kenyans being blasted on global media with the African tag on it.



As leaders of the African continent, we will make sure you poor economies get it

rvp20182:
It's a loan that will be repaid. It's not free money.If you're unable to pay now - your debt repayment became worse.

Kenya we only want a standby facility - just in case we need to tap into it. This standby facility is needed to shore up market and economic sentiments...to protect Kshs and our macro-economics. We may not even draw a shilling.

Did anyone say it wont be repaid?

It is and interest-free money with no conditions



Your economy is too bad right now Kenya need debt relief at this moment and your finance minister called mine to request that hence why, together with South Africa, we are seeking debt relief for your poor ass.




Your debt has already ballooned
Be careful how much more you borrow

else just debt relief will not be enough for you

vaxx1:
more than 200 patient are being managed from home and nearly half of them have proven negative for the first test. we are all awaiting the second test as it is required before we pronounced them successfully free of Covid19.

when I compare the test figure of Ghana and south africa, it seems the rest of Africa are playing. we are yet to reached our flattened curve .

That's very true!!

Shma:
that's only a mentality.
Some people hate facts and when facts start to unfold, insults will be the saviour.
Some people are too good in that it's only that they conduct themselves in a sane manner. Hence you will find someone chest beating for bombarding someone with insults not responded.

If you are mentally stable yourself and not as stupid like the idiot you are trying to defend. you will know. I never insult him without addressing the issue. your inability not to separate the two from my writing is never my headache.

I can never insult you without clarifying your hogwash. it impossible. it just like the way I respond to you now. making you mad and clarifying your stupidity.

vaxx1:
If you are mentally stable yourself and not as stupid like the idiot you are trying to defend. you will know. I never insult him without addressing the issue. your inability not to separate the two from my writing is never my headache.

I can never insult you without clarifying your hogwash. it impossible. it just like the way I respond to you now. making you mad and clarifying your stupidity.

okay Mr.

rvp20182:
Asking for an emergency loan will take off a lot of points from your credit score.Asking for debt relief is begging. You're a lot denser than Just30.

Kenya is prepared to weather through this - and we might even see the economy grow.

ignoramus both emergency and overdraft takes of your credit point . infact any method of borrowing does. we are taking about prudent management here. ability to request for debt using less risk instrument like emergency loan. Ghana qualify for overdraft as well.but it has high interest rate but with much lower requirement unlike emergency loan that is very much limited. improving your credit score is simple. just pay on time as at when due . this Is what Ghana keeps doing. moody agency recognised that..


kenya is not prepared. your two must productive venture have largelly being affected. Agriculture and tourism. you need more foreing aid now than ever.....

mtisTheQubit:

But seriously i feel like some folks would wish to deliberately infect Africans just to prove their point

Definitely

They've been exposed



Meanwhile, 45% of their small revenue is being used to service debt leaving a very small percent for their 53 million people and government responsibilities

vaxx1:
ignoramus both emergency and overdraft takes of your credit point . infact any method of borrowing does. we are taking about prudent management here. ability to request for debt using less risk instrument like emergency loan Ghana qualify for overdraft loan has a much lower requirement unlike emergency loan that is very much limited. improving your credit score is simple. just pay on time as at when due . this Is what Ghana keeps doing. moody agency recognised that..


kenya is not prepared. your two must productive venture have largelly being affected. Agriculture and tourism. you need more foreing aid now than ever.....

Just30:
They've been exposed



Meanwhile, 45% of their small revenue is being used to service debt leaving a very small percent for their 53 million people and government responsibilities

they just received some fund to fight draught not to talk of convid 19 that has already damaged their tourism venture.

vaxx1:
they just received some fund to fight draught not to talk of convid 19 that has already damaged their tourism venture.

they will need more loans to revive their economy over the next 5 years which will send their debt to 100 billion dollars.

More IMF and WB loans for them as China comes in to pillage

Here's a deeper insight into the psychology of racism by a Black American psychotherapist,Dr Frances Cress Welsing,who sadly left us in early 2016. In her book she names projection,inadequacy based on white fears of genetic annihilation,homo inclinations and envy as forming the basis of White Supremacy. It goes into symbology some may disbelieve but in this shutdown era its worth a read if you can find the time. Its not long so an afternoon will do. You know how far the Whites went universally to protect the alabaster arses of their angels from Black Men when they ruledl . Tell me on what planet would the true Black man find Charlize Theron's narrow arse attractive compared to what he's used to!? Ofc,without being overexposed 24/7 to the media brainwashing that idealises flat butts,lifeless dead dog hair and lipless mouths.
And yet segregation was the rule all over the Whites ruled. Why? They projected their own behaviours upon their subjects seeing every one of us a despoiler of sacred female whiteness. The Anglo Indians of the Raj,early colonial biracials here in Kenya and the continent and your own Coloureds are overwhelmingly of WHITE MALE DNA.
Dr. Welsing posits that being albinos Whites unconsciously hate the Black as it embodies their own lack of melanin and a time they were discriminated against due to this lack and worse suffering Tzn style atrocities.

[url]https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcSA2K9ubvJHOp-isyNjGCk_U3hUEviSpY0Js4QwKSuz7KSADMUq&usqp=CAU[/url]

Imo,its not exactly 'unconscious hate' but cell memory which states memory lives on not just in the brain but within cells.

The theory of cellular memories states that memories, as well as personality traits, are not only stored in the brain but may also be stored in organs such as the heart. ... The best way to understand cellular memories is studying cases of organ transplants.

https://sites.bu.edu/ombs/2014/11/11/is-the-brain-the-only-place-that-stores-our-memories/

jl115:


That's very true!!

What is the current death rate in south Africa? will your goverment the family of the dead convid 19 patient to burry them ?

How did South Africa COVID death increase drastically overnight ?

Austine1212:


So do you believe when they say it may be deadly for africa?

Earlier I spoke to a friend in Malawi he was in church

probably, it may be deadlier in Africa if it reaches the level will can't curtailed. if advanced nation like US and UK are screaming for more ventilators and test kits like what is currently going on in the the UK and USA now, then how much of africa that has less funded hospital and infrastructures. we currently have a shortage of test kits in the world now. the best we can do quickly is to produce it on our own . there is limited to what we can order and purchased now cus every nation is trying to keep the virus at bay . and Africa country are even poor to raised fresh capital to start producing this in large quantity. All this proves, it may be deadly if we don't really managed it well.

we are gradually developing immunity against the flu. originally, the lifespan of any virus which bears the characteristics of a flu does not last more than three month . so if this type of virus does not change in any form again. If it continues to remain in its current state then we are sure of fighting it off within the next three months.. it may even die naturally .