It irritates me when the Kenyan media and the so called educated elite fail to fully interrogate issues, everyone seems to have latched on the blame uhuru bandwagon.
The IMF agreement was negotiated long before jubilee I came into power, the deal was presented to Uhuru as fait accompli. [SIZE=5]It was negotiated by the Kibaki II administration!!![/SIZE]
I broke it down here on this thread but it seems some people have a hard time comprehending basic issues so here is the link to the actual document.
We’re now in jubilee II, please note the dates in bold then we can come back and play the blame game with informed minds:D:D
KENYA
FIFTH REVIEW UNDER THE THREE–YEAR ARRANGEMENT
UNDER THE EXTENDED CREDIT FACILITY AND REQUEST FOR A
WAIVER AND MODIFICATION OF PERFORMANCE CRITERIA
KEY ISSUES
Background:
Kenya has implemented major reforms under the 2010 Constitution that have so far allowed for a smooth political transition. Largely peaceful elections took place on March 4, 2013. Mr. Kenyatta was confirmed by the Supreme Court as the election winner on March 30.
Program: The Executive Board approved a three-year Extended Credit Facility (ECF)
arrangement for Kenya on January 31, 2011 (120 percent of quota), which was augmented
on Dec. 9, 2011, for a total of SDR 488.520 (180 percent of quota). All end-December 2012
quantitative targets were met, except for the emergence of temporary and minor technical
arrears on external debt caused by staffing constraints for which the authorities request a
waiver. These arrears did not affect the thrust of policies, and the authorities have already
fully repaid these obligations and adopted corrective measures. The authorities’ primary
fiscal balance outcome was in line with the program and consistent with a decline in the
government debt-to-GDP ratio. Priority social expenditure was below the program’s
indicative target in December because of delays in the identification of beneficiaries.
Implementation of structural benchmarks has overall proceeded as expected. The final discussion of the VAT Bill was delayed because the pre-election climate raised pressures that
could have weakened key provisions in the draft law.
In light of that, the authorities agreed to incorporate a new structural benchmark
for the sixth review on the auditing of compliance with VAT obligations by 50 large taxpayers before June 2013.
Sasa, SGR which is jubilee flagship development sasa turudishe kwa kibaki through your logic ama?
Stop twisting ideas to fit in your narrative. Sai mambo ni mbaya na jubilee ama kibaki hakuna ule hanatusaidia
What he forgets is that Serikali ni ile ile. Even if leaders change, Govt policy rarely changes. Kwanza from Kibaki’s time to today there has been little policy change. Jubilee is implementing a lot of blueprints started during Kibaki era and others that had been rotting in shelves of ministries since the 80s and 90s. Case in point the Dongo Kundu bypass, it was a decades old JICA blueprint. The SGR plans started in 2009, Lapsset hizo enzi pia… and many more…
Ndio maana Raila was once saying he’s the father of SGR
Watu wengine wanapenda kuexaggerate sana…If a foreigner were to read posts on this platform they would think Kenya iko karibu kutokea anarchy. I think we are all trained to be sensationalist.
What part of [SIZE=5]THE DEAL WAS NEGOTIATED AND AGREED UPON IN 2011 DID YOU NOT GET??:rolleyes::rolleyes:[/SIZE]
You are one of those who have been claiming that the fuel levy was because of Uhuru’s borrowing and you don’t seem to understand that it was negotiated to enable Kibaki get emergency funds to fill revenue gaps and repay loans that his administration accrued!!!:rolleyes::rolleyes:
Anyway this thread is only intended for the intelligent ones, the rest can wank on tano terror :rolleyes::rolleyes:
Also, the debt the IMF is warning us about, the 2.4 trillion set to mature in the next 5 years. ALL OF IT IS MOI AND KIBAKI ERA debt!!
Hakuna za Uhuru hapo!!
The prolem is especially the toxic debt from Moi’s time.
And yet with the knowledge of this previous gaps in revenue,your blameless,dynamic duo went on a borrowing spree and wanton looting?!?!
Intelligent folks those!
NIGNOG: variation on “nigger”, evoking stereotypical African tribal chanting , dancing etc. Although very offensive today, many people wouldn’t have regarded it as such in the past when it could also just mean “idiot”.
eeh naweza ifanya ikuwe kuhusu Trump utafanya nini? Hata ndio huyo nisha mtaja! yeah I like the guy and so do many other black folks. You probably liked Hillary your fellow devil bitch, but is she black? It’s the Trump era now so deal with it ama ujiue.
“I’ve got a man!My man!” Nonsense. Na unafanya nini ktalk 1.36 a.m ???
don’t bother explaining the obvious, si ati hawajui wanajua. They are just trolling and being stubborn. Wale watu wametembea job Nairobi leo juu ya shida ya fare… ni wengi.
Hihihihihi…I missed the terms and conditions of joining Ktalk…so I can now conclude all those I see here have no partners. Those cheap jibes don’t stick nani. I can be here 24/7.
Gudnite.
