The Senate is quarrelling over some 314 billion while Counties are dying and ethnic sycophants are cheering! This country is crap!
#UshenziKE!
#PoliticalEducationKE
businessdailyafrica.com/economy/KRA-lo…
#UshenziKE!
#PoliticalEducationKE
businessdailyafrica.com/economy/KRA-lo…
In the last financial year, Kenya paid Kshs 437b as interest on public debt.
Of this amount KShs 315b was spent on domestic debt service while Kshs 122b was spent on foreign debt service.
#PoliticalEducationKE
Of this amount KShs 315b was spent on domestic debt service while Kshs 122b was spent on foreign debt service.
#PoliticalEducationKE
This despite 3.2T of public debt being domestic while 3.5T is foreign.
So 25% of our tax collection goes towards debt service.
We pay more money to service public debt than we give to counties for development.
#PoliticalEducationKE
So 25% of our tax collection goes towards debt service.
We pay more money to service public debt than we give to counties for development.
#PoliticalEducationKE
We need serious discourse on Public #DebtManagementKE
Perhaps the *deep state* we keep referring to in relation to our upcoming elections of 2022 has it’s interest firmly rooted within the *Kshs 315Billion* we pay annually to service domestic borrowing.
#PoliticalEducationKE
Perhaps the *deep state* we keep referring to in relation to our upcoming elections of 2022 has it’s interest firmly rooted within the *Kshs 315Billion* we pay annually to service domestic borrowing.
#PoliticalEducationKE
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