Just30:
stop shutting

your economy is smaller than Ethiopia and Angola

Just30:
so you spent it on Candies forgetting it is monies that will be paid back

That money could have been used to buy testing kits that you so badly need, since you run out

vaxx:
Evidence of madness. you mean when Ghana economy is making giant strides with positive primary surplus while your zoo continue to account for negative balance of trade . keep dreaming

Just30:
stop shutting

your economy is smaller than Ethiopia and Angola

rvp20182:
WB on their own volition donated 10M dollars - in a country with a budget of 30B dollars. What is that - not enough to buy even COVID testing kit. Kenya is now a rich country.

Austine1213:


Lol

How are you

Ive grown to dislike this forum, its pointless

People disregard facts, lack of understanding of fact to opinion to fake news

rvp20182:
Angola is kaput - Ethiopia never really caught up despite having twice our population. Angola Kwacha is doing a CEDIS dance.

vaxx:
let me put you into reasoning, Your country just recently raised 60 million dollar from world bank while Ghana whose by far a half population of your country was able to raised 100 million from the same institution . it only point to one thing , when it comes to regional trade and confidence of debt payment., Ghana is highly trusted than Kenya. hence our major importance in Africa trade. politically influece, we are not even mate. the AFCTA trade headquarter that will both lobby to get prove it.

rvp20182:
You're exporting what GOLD - and minerals - and still get 8B dollars from diaspora - and yet CEDIS knows no peace. Kenya is a modern economy. Modern economies don't need to export a lot of crap. T[b]hey build a domestic economy good enough to sustain it.[/b]

rvp20182:
The ministry treated that 10M dollars with the contempt it deserves.

vaxx:
our cocoa industry far outweigh whatever you are poorly exporting in that your zoo, this is different from gold or any other minerals . A modern economics has so much to export. from gold down to manufacturing product. Ask China the biggest exporter of gold or USA another giant exporter of gold and oil .

manufacturing product joined with natural resources is the engine driving super power country.

rvp20182:
You're exporting what GOLD - and minerals - and still get 8B dollars from diaspora - and yet CEDIS knows no peace. Kenya is a modern economy. Modern economies don't need to export a lot of crap. They build a domestic economy good enough to sustain it. While the backwater is busy exporting the workforce - and remaining with dregs.

Just30:
Ethiopia didn't need to catch up because they have always been a larger economy than Kenya
same for Angola Ghana and every country Kenya has tried to compete with.

Austine1213:


Lol

How are you

Ive grown to dislike this forum, its pointless

People disregard facts, lack of understanding of fact to opinion to fake news

SUFFERInSMILIIN:
It is a big shame that Nigeria has just been buried

Rest in peace Nigeria

The Nigerian naira is tumbling all over the place versus the US dollar

Nigeria is selling it oil for peanuts.

It is now off your that Nigeria is not a country anymore. The Zimbabwean dollar outperforms the Nigerian naira also this CFA Frank outperforms the Nigerian naira. Some idiot will come here please my country which is not even a country

Just30:
the Cedi has no problem

we depreciate it as and when we want and it makes our economy less exposed to external shocks

rvp20182:
The man of one index. Be afraid of the dangers of a single story. There are many indices out there.

As we speak Kenya's economy is maybe 94B (accounting for KSH-dollar depreciation ) while South Africa has sunk to 270B - and Angola - ohoo boy - they are back to where always belonged - 70B dollars - they are nothing but Oil dependant country.

Kenya overtook Angola last year...now we are nibbling at Morroco.

Just30:
how does 9.5tr kshs becomes 94 billion again ?

rvp20182:
We are beyond begging for Aid. My friend we have the only UN HQ (two) in the entire SOUTH POLE. Nairobi is the HQ of many multinationals with Africa operations. We are taking over from Joburg.

Just30:
you are the HQ of aid agencies
They bring you food aid that they buy from Tanzania.

That is like North Korea Bragging

rvp20182:
I was checking - our horticulture export alone is hitting 3B dollars.

rvp20182:
We are beyond begging for Aid. My friend we have the only UN HQ (two) in the entire SOUTH POLE. Nairobi is the HQ of many multinationals with Africa operations. We are taking over from Joburg.

rvp20182:
You're running back to GDP PPP - because the CEDIS cannot hold any ground?

vaxx:
Yet the said regional or business headquater hasn't yet solved your poverty and starvation. your country must be specially cursed.

for the fact that Ghana has become important whenever it comes to crisis management in Africa is a testament that we stand out. we are recently choose by the same UNO with Nairobi headquarter as a logistics and decisions making centre for the management of covid 19 in Africa. Despite not recording any Ebola cases in 2014 . UNO chooses Ghana has its logistical home . it is not a luck, our leaders works for it.

may I remind you that a Ghanaian diplomat is presently the head of UNO mission in Nairobi. I personally know her.

rvp20182:
I was checking - our horticulture export alone is hitting 3B dollars.

Just30:
basically, you are producing things you don't consume

No wonder you always have to run to World Food Program for food aid yearly

rvp20182:
I told Obaboon and the Ghanian cheering squad it will get worse. 500 to a dollar.

rvp20182:
Nobody wants to pay double their external debts - and ask for bailout. Cheat fellow Ghanians. As we speak your debt to GDP is probably 70%...and yet you rebased and rebased that GDP (Cheated and cheated). Last year you had come down to 40% - and by end of this year - it will be 100%!!!!!!!!!!!!!!!!!

rvp20182:
Simple conversion to USD..KSH 106 to a dollar.

Just30:
as we speak
Ghana's debt to GDP is 63% and Kenya's official DEBT TO GDP IS 63.2%

Because of Kenya's over reliance on debt for budgetary support, Kenya debt ceiling has been increased to allow for an equal debt to GDP ratios.

At your current borrowing pattern, Kenya will be doing 100% debt ratio by 2021.

This year, Kenya will borrow 6 billion dollars to service it budget.