IMF has been bailing out Kenya every single year because of your huge trade deficit

How do you think you got to owe them 30 billion dollars?

Independent countries do not sell their country sovereignty for 3 billion dollars to China




If you are not a colony, How come you are the Largest IMF debtor in Africa?

rvp20182:
When was our last bailout - 1990s. IMF or whatever don't dictate nothing to us. We elected two ICC indicted individuals as President and Deputy President. We are independent. We can do whatever we want to do. We told IMF to go to hell and passed interest rate capping.

That is INDEPENDENCES.

We are not a colony. So happy to have a skype call with IMF.

We didn't kick out the Brits to replace them with IMF.

mtisTheQubit:

dude the world (not Ghanaians , :Dsorry ) says Kenya got one of the best roads in Africa..fact...ths stuff is not poted by nairaland weirdos like you..its the real deal...stop wailing an show us ghana roads stuff

sorry the world didn't say that



the world knows that all your roads are unpaved because you are too poor and any money they give you, you spend it on buying food for your poor citizens

rvp20182:
What is IMF is to us. We don't go begging them. We don't die if they don;t lend. That is independence. IMF knows their limit in Nairobi.

you go begging them every year to loan you 3 billion dollars to plug your trade deficit

gallivant:


You say a lot of weird things hobbit.

as usual the conversation is over your thinking capacity so you are back to stupidity

Google search - Bailout in Kenya and then Bailout in Ghana - and let us know what you find hobbit.

Economist calls it - Never gonna let you go GHANA.

Just30:
IMF has been bailing out Kenya every single year because of your huge trade deficit

How do you think you got to owe them 30 billion dollars?

Independent countries do not sell their country sovereignty for 3 billion dollars to China




If you are not a colony, How come you are the Largest IMF debtor in Africa?

rvp20182:
Says a country that already borrowed 1Billlon dollars one month to COVID, What will you borrow when COVID crisis roll into the 5th month . Other countries still have some savings to get them by - but first week of COVID- MAY DAY MAY DAY from ACCRA can be heard in DC.

It shows you stupidly don't know any shot. there is a lot of cash resting in the government pulse. there is convid 19 fund currently created for this epidemic. It is almost 20 million dollars now. Ghana has three more fund kept untouched. one is heritage fund that is currently exceeding 600 million dollars , sustainable fund that is around 300 million dollars and other emergency relief funds which is also in millions of dollars. Ghana has over 1 billion dollar it can tap into if push comes to shoves.

rvp20182:
Says a country that already borrowed 1Billlon dollars one month to COVID, What will you borrow when COVID crisis roll into the 5th month . Other countries still have some savings to get them by - but first week of COVID- MAY DAY MAY DAY from ACCRA can be heard in DC.

Now this crisis at the minimum will last 1yr and you are already down and out.

sorry to burst you bubble

We have only been cleared to access 1 billion

we will make use of it when we have need for it, We have 3 billion dollars sitting at the world Bank that we have not accessed for 7 good years now.

This will just be one of them


Kenya is so desperate such that it is crying for debt relief
That is really bad

anyway, your message has been delivered to the IMF and they are saying they will think about it

So you rushed to IMF to take emergency funding for the heck? Please you're not dealing with double track graduates of your shameful education system.

IMF is the lender of the last resort.

The first month into COVID - you have ZERO contingency funds. to deal with it.

Now hobbits - after exhausting IMF facilities - what will you do next month, That 1B will evaporate thanks to currency depreciation.

vaxx1:
It shows you stupidly don't know any shot. there is a lot of cash resting in the government pulse. there is convid 19 fund currently created for this epidemic. It is almost 20 million dillars now. Ghana has three may fund kept untouched. one is heritage fund that is currently exceeding 600 million dollars , sustainable fund that is around 300 million dollars and other emergency relief funds which is also in millions of dollars. Ghana has over 1 billion dollar it can tap into if push comes to shoves.

rvp20182:
Google search - Bailout in Kenya and then Bailout in Ghana - and let us know what you find hobbit.

Economist calls it - Never gonna let you go GHANA.

Go to the WB page and search for Kenya's debt to IMF

you will realise you are the largest bailout debtor to the IMF in Africa

a true colony to their debt empire.

rvp20182:
After 17th bailout you should already haven't learnt you're in a rat hole..but I guess you're the rat. There is no getting out.

..

They should make you Ghana Finance Minister. You could have saved your country the embarrassment of 17 bailouts including being the first country to ask for Emergency Loan first week into COVID-19.

Just30:


sorry to burst you bubble

We have only been cleared to access 1 billion

we will make use of it when we have need for it, We have 3 billion dollars sitting at the world Bank that we have not accessed for 7 good years now.

This will just be one of them


Kenya is so desperate such that it is crying for debt relief
That is really bad

anyway, your message has been delivered to the IMF and they are saying they will think about it

I wonder how someone woke up one morning and created this thread. Seriously.... Of all countries.... Kenya??
Maybe I understand the concept, maybe he was frustrated and he chose liberate, a low life country to try to bring the minds of Nigerians in check by showing them what the Kenyans through their masters has done with borrowed Chinese funds.
But seriously, kenya ain't in Nigerias league. Kenya can only compare with Congo, Namibia etc
Nigerias mates both in history and economy are the north Africans and maybe Ghana politically, , South Africa infrastructurally.
You Kenyans should know ur limits.
At first I was like... What d fuc is kenya.
I've been to a number of places , no one gives a fuc about Kenya. Many people don't even know such a name exists.

Just30:
sorry that Kenya is an IMF colony

IMF is even afraid to give your country anymore money because you has run out of dollars

Even your debt servicing is 102% of export when IMF only allows it to be 21% of export.
How do you expect them to give you more money again, when they know you wont be able to pay?

it is only a road economics who looks mostly into debt into GDP to ascertain debt sustainability. what matter most is depended on the interest burden, that is the percent of GDP paid as interest every year.


most of the Ghana debt now are being borrowed on lower coupon rate

rvp20182:
What is IMF is to us. We don't go begging them. We don't die if they don;t lend. That is independence. IMF knows their limit in Nairobi.

an that is good

Go to WB to search for IMF? Nigga - WB deal with development loans. IMF deal with Ghana and such- they lend to Central banks. WB = Development or commercial bank. IMF= Central Banker.

Just30:
Go to the WB page and search for Kenya's debt to IMF

you will realise you are the largest bailout debtor to the IMF in Africa

a true colony to their debt empire.

rvp20182:
So you rushed to IMF to take emergency funding for the heck? Please you're not dealing with double track graduates of your shameful education system.

IMF is the lender of the last resort.

The first month into COVID - you have ZERO contingency funds. to deal with it.

Now hobbits - after exhausting IMF facilities - what will you do next month, That 1B will evaporate thanks to currency depreciation.

IMF is the lender of last resort for Ghana

but how come

Kenya runs to the IMF every year for loan ?



Ghana contingency funds runs in excess of three billion dollars without adding reserves

two weeks into COVID and Kenya reserves drops by almost a billion dollars why it was busy crying to the IMF just like it does every year

Just30:
sorry

our economy is too strong for IMF money

How much will Kenya be borrowing IMF this year, Kenya does 3 billion every year but 2020 is a special case, so how much?

how is your economy strong for imf money while IMF bails you yearly...

Evidence of Kenya running to IMF would be handy here - we mostly deal with World Bank. IMF is like central bank - they don't lend development money - they lend money to enable you to trade and etc. World bank lend money for development.

Nigeria central bank of course is different - they lend money to rice farmers

Just30:
IMF is the lender of last resort for Ghana

but how come

Kenya runs to the IMF every year for loan ?



Ghana contingency funds runs in excess of three billion dollars without adding reserves

two weeks into COVID and Kenya reserves drops by almost a billion dollars why it was busy crying to the IMF just like it does every year

rvp20182:
They should make you Ghana Finance Minister. You could have saved your country the embarrassment of 17 bailouts including being the first country to ask for Emergency Loan first week into COVID-19.

Thanks but there are way more smarter people than me


Kenya is so broke right now

if Ghana does not come to your aid at this point, you will run out of reserves by MAy

gallivant:


Lol

I bet you the hobbit won't post the chart again.

yep..actually the pic was kinda starting to annoy me...guy had started to behave like askia

Just30:
IMF has been bailing out Kenya every single year because of your huge trade deficit

How do you think you got to owe them 30 billion dollars?

Independent countries do not sell their country sovereignty for 3 billion dollars to China




If you are not a colony, How come you are the Largest IMF debtor in Africa?

you don't even make sense guy..how many times has imf bailed out kenya..please tell us...

Yes, please plead for Kenya, together with South Africa. What would we be without you skyping the IMF

Just30:
Thanks but there are way more smarter people than me


Kenya is so broke right now

if Ghana does not come to your aid at this point, you will run out of reserves by MAy

rvp20182:
Google search - Bailout in Kenya and then Bailout in Ghana - and let us know what you find hobbit.

Economist calls it - Never gonna let you go GHANA.

that guy is desperate..

rvp20182:
Go to WB to search for IMF? Nigga - WB deal with development loans. IMF deal with Ghana and such- they lend to Central banks. WB = Development or commercial bank. IMF= Central Banker.

The world Bank has an aggregation of Kenya debt to every body dumb dumb

This page also came from them



your poor debt economy

the IMF is scared to loan you more money after 30 billion in bailout monies to Kenya because what ever decision they take at this moment, you are doomed for debt catastrophe

Really? Why are you here on 8,000 page.

edon21:
I wonder how someone woke up one morning and created this thread. Seriously.... Of all countries.... Kenya??
Maybe I understand the concept, maybe he was frustrated and he chose liberate, a low life country to try to bring the minds of Nigerians in check by showing them what the Kenyans through their masters has done with borrowed Chinese funds.
But seriously, kenya ain't in Nigerias league. Kenya can only compare with Congo, Namibia etc
Nigerias mates both in history and economy are the north Africans and maybe Ghana politically, , South Africa infrastructurally.
You Kenyans should know ur limits.
At first I was like... What d fuc is kenya.
I've been to a number of places , no one gives a fuc about Kenya. Many people don't even know such a name exists.

rvp20182:
So you rushed to IMF to take emergency funding for the heck? Please you're not dealing with double track graduates of your shameful education system.

IMF is the lender of the last resort.

The first month into COVID - you have ZERO contingency funds. to deal with it.

Now hobbits - after exhausting IMF facilities - what will you do next month, That 1B will evaporate thanks to currency depreciation.

The shameful double track is what your current leader are begging Ghana for now . what a shame ?

Your last hope China has already entrapped you into debt diplomacy. burden with many debt burden you still own many multilateral as well. you case is more horrible now. you are broke. your goverment declare .


when you finished finalizing the 1.5 billion dollar from IMF. come here agian

mtisTheQubit:

how is your economy strong for imf money while IMF bails you yearly...

Because my economy was prepared economically for the crisis and can still pay it debt without getting debt relief

Kenya has 99% of primary to secondary transition. We wanted 100%. The 1% are desert kids - and we think Ghana double track can help them.DOUBLE track CAN NEVER BE MAINSTREAM policy in kenya,

My friend Kenya spend so much in education we cannot and will never do such nonsense.

Only Mauritius beat kenya in educational outcomes. Not even South Africa.

vaxx1:
The shameful double track is what your current leader are begging Ghana for now . what a shame ?

Your last hope China has already entrapped into debt diplomacy. burden with an many debt burden you still owned many multilateral as well. you case is more horrible now. you are broke. your goverment declare .


when you finished finalizing the 1.5 billion dollar from IMF. come here agian

Shma:
hustlers can only afford such place below.
I know some rich Nigerians in kenya some are even my friends, who leave in those bungalows.
And miniscule Ghana of all the people have the guts to speak about economy
A country with $60b economy is irrelevant to me

Good you are telling us where you live..indeed you are a rusty slum dweller of huruma nature

And no those are not nigerians

Just30:
The world Bank has an aggregation of Kenya debt to every body dumb dumb

This page also came from them



your poor debt economy

the IMF is scared to loan you more money after 30 billion in bailout monies to Kenya because what ever decision they take at this moment, you are doomed for debt catastrophe

it seems the idiot is trying to separate world bank and IMF ?

vaxx1:
It shows you stupidly don't know any shot. there is a lot of cash resting in the government pulse. there is convid 19 fund currently created for this epidemic. It is almost 20 million dillars now. Ghana has three more fund kept untouched. one is heritage fund that is currently exceeding 600 million dollars , sustainable fund that is around 300 million dollars and other emergency relief funds which is also in millions of dollars. Ghana has over 1 billion dollar it can tap into if push comes to shoves.

yep we knw..ya loaded an stuff..

rvp20182:
Evidence of Kenya running to IMF would be handy here - we mostly deal with World Bank. IMF is like central bank - they don't lend development money - they lend money to enable you to trade and etc. World bank lend money for development.

Nigeria central bank of course is different - they lend money to rice farmers

Exactly why you have borrow 30 billion dollars from them with nothing to show for it

They loan you monies for balance of payment reasons which comes to support kshs in handy
So your country became reliant of their debt program thinking it was free money and now Kenya cant pay back because they used it for non economic activity.