mtisTheQubit:

Do you know waht is a bailout ghana man...is itso hard to google it please...the only countryinthe world with highest bailout is Ghan..16 time ..17th one coming soon..Even your president calls the 16 IMF bailouts 'senseless'

if i didnt
i wont be talking about it

why do you think your trade deficit has constantly led to a balance of payment issue that has led your finance minister running to IMF and WB every year for dollar push ins ?

Just30:
he lie bad



all WB monies to Kenya was used on poverty alleviation with know investment in infrastructure that could pay the money back

You shouldn't be surprised when Kenyatta charge them more patriotism tax

.... poor and starving Kenyans

you are right

theenchanter:
why are u people disturbing ur self with rvp?

U two should have known that baseless rant is his area of specialty

rvp20182:
So 1B loan from IMF is just for the show. Why not borrow 1B dollars from World Bank for development. We thought Nigerians were crazy but at least they have some self-respect.

ADB= Good
IMF= Very bad. Things are elephant.
WB= Good.

everyone knows what a multilateral organization is

They are all bad

mtisTheQubit:

What is graphic.com..is it one of those ghana yahoo blogs

lol.... That is Ghana national news paper. just like national kenya paper .

rvp20182:
1B from IMF is already in your "account" - actually, it already being used to help you settle balance of payments - you see hobbit when you import and you don;t have dollars - IMF will pay for you - and you can get wheat, rice, etc and survive.

You're experiencing balance of payment problems - meaning you cannot settle international trade.

Without IMF - you'll not be able to import anything or trade with anybody.

msee just keep on teaching ths guys stuff.they are thirsty for new knowledge .am out

mtisTheQubit:

again explain the last column...how much is ghana servicing

Ghana is servicing 115 million dollars to IMF WB and AfDB

while Kenya is doing 5 times that

mtisTheQubit:

so ya just gonna talk to your daddy eeh...could have just said that

you are the prodigal son so we are going to talk to your daddy on your behalf, so he can take you back

Just30:
everyone knows what a multilateral organization is

They are all bad

World back and IMF are the same sister institution. their funding comes from mostly USA ( largest donor) Germany, United kingdom, France Saudi Arabia, Russia. even India. once you borrowed from them , you are indirectly borrowing from this country.

It is my civic duty to teach them hobbits. They think IMF is something to be proud of. It's bad news. It like your banker defaulting. It is bad news if you default - but imagine if your banker default. the systemic risks are too grave to imagine.

mtisTheQubit:

msee just keep on teaching ths guys stuff.they are thirsty for new knowledge .am out

IMF= Ghana Central Bank. WB= Ghana Dev bank. They are not the same. World Bank is like a commercial bank.IMF deal only with Central Bankers. If central bank is the banker of last resort. IMF is the banker of the last resort of the last resort.

You go to IMF when the shits has or is about to hit the fan.

You go to WB when you want to get a sewage system.

vaxx1:
World back and IMF are the same sister institution. their funding comes from mostly USA ( largest donor) Germany, United kingdom, France Saudi Arabia, Russia ad even India.

gallivant:


In Kenya we use nairas to clean ourselves in the toilet.

Naira is more recognized than shitty shillings. Naira is more valuable than your shitty shillings. In Nigeria we use shillings to make fire because it's as useless as paper. Even paper is more valuable than shillings.

rvp20182:
1B from IMF is already in your "account" - actually, it already being used to help you settle balance of payments - you see hobbit when you import and you don;t have dollars - IMF will pay for you - and you can get wheat, rice, etc and survive.

You're experiencing balance of payment problems - meaning you cannot settle international trade transactions.

Without IMF - you'll not be able to import anything or trade with anybody or send money to anybody.

IMF exists to fix international trade and finance - the money is not used to build roads or buy rodents - this is painful injection to Ghana Central Bank so it can participate in international trade and finance.

sorry

we are not facing balance of payment issues
and 1 billion is sitting in IMF account that can be accessed by Ghana.

Kenya is facing a huge balance of payment crisis that has led Kenyatta to ask for debt relief which he is still begging for.
KCB is urgently waiting for that 1.5 billion IMF money to settle some urgent challenges that led Kenya to steal Germany COVID items since Kenya couldn't afford to go on the international market to buy some.

30 billion in IMF and WB money that you cant pay back is messed up.

Come and beg Ghana, maybe we will grant you 1 billion dollars from our collection of funds

You would have gone for Kenya;s standby facility - but you went of rapid facility - meaning you're experiencing serious balance of payments problems. Your useless cedis cannot settle international trade.

Go back to afternoon lesson slowpoke.

Just30:
sorry

we are not facing balance of payment issues
and 1 billion is sitting in IMF account that can be accessed by Ghana.

Kenya is facing a huge balance of payment crisis that has led Kenyatta to ask for debt relief which he is still begging for.
KCB is urgently waiting for that 1.5 billion IMF money to settle some urgent challenges that led Kenya to steal Germany COVID items since Kenya couldn't afford to go on the international market to buy some.

30 billion in IMF and WB money that you cant pay back is messed up.

Come and beg Ghana, maybe we will grant you 1 billion dollars from our collection of funds

rvp20182:
IMF= Ghana Central Bank. WB= Ghana Dev bank. They are not the same. World Bank is like a commercial bank.IMF deal only with Central Bankers. If central bank is the banker of last resort. IMF is the banker of the last resort of the last resort.

You go to IMF when the shits has or is about to hit the fans.

You go to WB when you want to get a sewage system.

how come you mismanaged your economy so badly that every year you run to IMF and WB for emergency funding to plug you trade deficit thereby making Kenya the Largest debtor to IMF and WB in Africa ?

mtisTheQubit:

the same way Nana wears weird stuff..takes one to know another..should i post the photo dang it i will..

At least Nana wore a traditional clothes. He's proud of his culture unlike your drunkard president. Very useless red eye vampire

I am not sure if you have realized that most people here are intelligent enough to know when you're just shooting from your hip and when you have facts.

If Kenya has borrowed from IMF and was IMF colony like Ghana - Google would be good enough for evidence,

We know that as of Monday IMF (not World Bank) - sacrificed their easter weekend - to quickly disburse 1B dollars to Ghana so you can continue to participate in international trade and finance.

Without which - you'd be like Zim - promising to pay with yams and cassavas- and rats.

Just30:
how come you mismanaged your economy so badly that every year you run to IMF and WB for emergency funding to plug you trade deficit thereby making Kenya the Largest debtor to IMF and WB in Africa ?

rvp20182:
You would have gone for Kenya;s standby facility - but you went of rapid facility - meaning you're experiencing serious balance of payments problems. Your useless cedis cannot settle international trade.

Go back to afternoon lesson slowpoke.

dumb dumb

If we start facing balance of payment issues, we will go to our sinking fund

But we are busy giving our citizens free relief that cost billions

your kshs has no buffer see how it is crumbling such that you are running to the same debtor that you already owe so much to

That is what he is doing while poor kenyans are starving and being killed by police

Problemkid1:
At least Nana wore a traditional clothes. He's proud of his culture unlike your drunkard president. Very useless red eye vampire

Owerri city lockdown

rvp20182:
You would have gone for Kenya;s standby facility - but you went of rapid facility - meaning you're experiencing serious balance of payments problems. Your useless cedis cannot settle international trade.

Go back to afternoon lesson slowpoke.

Your country poor rating can't access rapid credit fercility. it will have been prudent for your goverment to go for it. paying heavy taxes on over draft is never prudent

rvp20182:
I am not sure if you have realized that most people here are intelligent enough to know when you're just shooting from your hip and when you have facts.

If Kenya has borrowed from IMF and was IMF colony like Ghana - Google would be good enough for evidence,

We know that as of Monday IMF (not World Bank) - sacrificed their easter weekend - to quickly disburse 1B dollars to Ghana so you can continue to participate in international trade and finance.

Without which - you'd be like Zim - promising to pay with yams and cassavas- and rats.

once you owed one bank , you are simply owing the same sister institution of IMF. don't you get the logic. stop the daftness

This below shows everything about your economy
You have cooked your books so much so that you cant even venture into the Bond markets for good deals

you will rather strangle your economy with IMF and WB money and starve it of development than go there
Poor Liberia like country like Kenya

rvp20182:
I am not sure if you have realized that most people here are intelligent enough to know you're just shooting from your hip and when you have facts.

If Kenya has borrowed from IMF and was IMF colony like Ghana - Google would be good enough for evidence,

We know that as of Monday IMF (not World Bank) - sacrificed their easter weekend - to quickly disburse 1B dollars to Ghana so you can continue to participate in international trade and finance.

Without which - you'd be like Zim - promising to pay with yams and cassavas- and rats.

vaxx1:
once you owed one bank , you are simply owing the same sister institution of IMF. don't you get the logic. stop the daftness

Trust me Ghana is amongst top IMF colonies in the world..

vaxx1:
Your country poor rating can't access rapid credit fercility. it will have been te prudent for your goverment to go for? paying heavy taxes on over draft is never prudent

Just30:
That is what he is doing while poor kenyans are starving and being killed by police

Kenyans are Hopeless. They don't have leaders at all

rvp20182:
Trust me Ghana is amongst top IMF colonies in the world..

sorry

not with our 115 million debt servicing with them

Kenya is the largest debtor to IMF in Africa

We owe IMF - IMF loans to Kenya stood at $ 298.81 million as at September 30, 2019,

This week alone you borrowed 1B dollars....from the last resort lender.

Just30:
sorry

not with our 115 million debt servicing with them

Kenya is the largest debtor to IMF in Africa

they are shock to realise i could pull a data that expose their huge indebtness to the IMF their coloniser

Problemkid1:
Kenyans are Hopeless. They don't have leaders at all

rvp20182:
Trust me Ghana is amongst top IMF colonies in the world..

Your country is about to roll future generation of Kenya's into more debt burden. more interest on debt weakens economy and sabotage it of growth.

rvp20182:
We owe IMF - IMF stood at $ 298.81 million as at September 30, 2019,

This week alone you borrowed 1B dollars....from the last resort lender.

once the one is not in our account because we have not accessed it, we don't owe them

Meanwhile, Kenya will have to pay almost 3 billion to the IMF this year while 1 billion dollars goes to China and 1.5 billion goes to commercial banks

that is more than your export revenue


meaning 18 billion dollars leave Kenya every year.

How is that gap fixed?

As of today - Kenya owe IMF 250M dollars. . Ghana nearly 2B dollars.(1.7B dollars)
https://www.imf.org/en/Countries/GHA
https://www.imf.org/en/Countries/KEN