Jonraid:
Our reserves are more than adequate. They cover at least 4-5 months of our import which is the recommended timeframe. Revenues generated have a larger say when it comes to payment of debt.

Just30:
Ghana sovereign wealth fund is way above 150 million dollars

rvp20182:
GHC 875 million is 152m dollars.

rvp20182:
Because we are credit worthy; and we do not want to crowd out private lending like nigeria ; there has to be balance; otherwise you'll get nigeria mess; where banks are loaning to gov; not to Nigerians.

This is why gov goes for euro bond; so banks can lend to anybody; in kenya banks HAWK loan on the streets.

Your soverign wealth is very little..stop lying.

Just30:
you are really dumb

GHANA Sovereign wealth funds have a total of almost 5 billion dollars in them.

You can refer to yesterday, I posted a half year report on the amount that went into each of them for 2020.
These funds together, received 1.8billion dollars in 2020.
GIIF
GSF
GHF

rvp20182:
How much is net - after you remove the borrowings and the expenditure.

Just30:
you are really dumb

GHANA Sovereign wealth funds have a total of almost 5 billion dollars in them.

You can refer to yesterday, I posted a half year report on the amount that went into each of them for 2020.
These funds together, received 1.8billion dollars in 2020.
GIIF
GSF
GHF

Report on half year receivables

rvp20182:
Konza, Tatu, Two River Social City, Northland City,Vipingo City, Lamu city and even Isiolo resort cities are all actively being developed.

Konza is technocity like Cairo's techno city

so far phase 1 is on course
800 -Million Dollars Comitted
68-Parcels Available
53-Parcels Taken
22-Parcels under Discussion

rvp20182:
look at the net closing value

Jonraid:
Almost a half of our debt is domestic.

68816419:

Keep dreaming, Konza Technopolis is way way behind schedule, the city is expected to be completed the year 2030 but is only 10% completed reason be that, nobody wants to invest in Kenya knowing fully well that Kenya's total public debt has reach 63 percent of economic output or GDP this year. The estimated cost of the project is $14.5 billion. So far, only $800 million has been committed, according to the project’s main website, Eco Atlantic land has been fully sold and numerous projects are going,
Tatu is a dead case it's only 13% completed, the same company "planning" to build 1200 unites of houses has shiffted goal to a new city in Lagos called Alaro City, the city got started in January 2019 and 80% of it's land sold out already, Alaro City is planned as a 2,000-hectare new Nigerian city located in the North West Quadrant of the Lekki Free Zone.
To date, more than 35 companies including Starium FZE, a subsidiary of BUA Group, Mantrac Caterpillar, HMD, and Ariel Foods FZE, the largest and most technically advanced ready-to-eat therapeutic foods producer in Africa, are operational, designing, or building their facilities in Alaro City.
3.5 kilometers of initial road networks and a modular 50MVA power plant are also under construction.
Two River Social City, Northland City,Vipingo City, Lamu city and the rest are just tiny estates and not to be tagged "city".

68816419:

Stop deceiving your self , just accept that Kenyatta is a criminal.
"Kenya External Debt reached 34.7 USD bn in Dec 2020, compared with 34.3 USD bn in the previous month. Kenya External Debt: USD mn data is updated monthly, available from Sep 1999 to Dec 2020. The data reached an all-time high of 34.7 USD bn in Dec 2020 and a record low of 4.2 USD bn in Sep 1999."

Just30:
Net income for the period July to December means, interest earned by the fund after tax.

So it is added to the fund receivables for the half year, in it closing book value

jln115:
I don't have to rant and cry .... Skytrax have been around longer than ACI

rvp20182:
GIIF - small potatos

The first results of the GIIF have confirmed this in an impressive way. Over the past three and a half years, GIIF has invested US $ 275 million in a portfolio of 12 infrastructure projects in 6 different sectors across Ghana.

rvp20182:
Because we are credit worthy; and we do not want to crowd out private lending like nigeria ; there has to be balance; otherwise you'll get nigeria mess; where banks are loaning to gov; not to Nigerians.

This is why gov goes for euro bond; so banks can lend to anybody; in kenya banks HAWK loan on the streets.

Your soverign wealth is very little..stop lying.

Just30:
I've always asked you to deal with facts and not fiction.

Small potato yet Kenya does not have a fund of it size


It will singlehandedly fund a 25 kilometre concrete motorway with 12 lanes and 7 interchanges, to the tune of 500 million dollars

68816419:

That's y your country is collapsing, sooner or later the Buble will Burst .
You lend money to firms with no capacity to repay , companies like Nakummat, Uchumi and the rest, are given bad loans when their balance sheets are cooked by the Highly corrupt Indians and Kikuyus and u expect to compete with the giant of Africa...my guy wake up.

Jonraid:
How does your statement contradict mine? It is a known fact that almost a half of our debt is domestic!

rvp20182:
what difference does having a fund and funding through budget makes

rvp20182:
From your own report NIgeria banks are allowed to do whatever they want - besides charging 30% interest rate.

68816419:

My question is, how can a tiny country with a smaller population, economy, Manufacturing, Tourism, Agriculture and even fewer on going projects than both Nigeria and SA has far more external debts than these giant countries?,And how comes your external debt keeps rising on a monthly basis, what are the average Kenyans doing about it?.

68816419:

My question is, how can a tiny country with a smaller population, economy, Manufacturing, Tourism, Agriculture and even fewer on going projects than both Nigeria and SA has far more external debts than these giant countries?,And how comes your external debt keeps rising on a monthly basis, what are the average Kenyans doing about it?.

68816419:

My question is, how can a tiny country with a smaller population, economy, Manufacturing, Tourism, Agriculture and even fewer on going projects than both Nigeria and SA has far more external debts than these giant countries?,And how comes your external debt keeps rising on a monthly basis, what are the average Kenyans doing about it?.

Jonraid:
How is Nigeria a giant with a per capita of less than 2500 USD?

Shaytun:


https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=NG

bigger than kenya own despite having times four the population.

Kenya is a very poor country

Shaytun:


https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=NG

bigger than kenya own despite having times four the population.

Kenya is a very poor country

Roan77:


Get this blog site out of my sight, go and fraud other people, not me, you are aware that I know you very well how fraud you are, now go cry to ACI not me.
Byee fraud Boer.

Shaytun:


The Question every right thinking kenyans need to answer.

Ballooning debt with no correspondent infrastructure, most of those debt are packing up in the kenyattas pocket.

The rest are used to service the crazy debt they have incurred while using their small insignificant infrastructure as collateral.

Almost 40 billion dollar in debt and the only significant project is an elevated flyover