
Brexit: European Commission – Joint Statement on Behalf of President Juncker and Prime Minister May (07.02.2019)







“[Credit is a system whereby] a person who can’t pay, gets another person who can’t pay, to guarantee that he can pay.” – Charles Dickens
We have seen it for a while, as the Kenyan government have spent much more, than they are actually collecting revenue and getting grants. The Jubilee government have not only siphoned funds, but borrowed funds like a drunk sailor. This administration have not considered the implications of the loans and the deficit, they have created.
Uhuru Kenyatta and William Ruto has ordered this ship, it has been known. The Grand Corruption by this government alone has made huge losses. Jubilee knows this and the ones that has followed this government. Have seen it with time and discussed it.
Now suddenly Dr. Wagacha says this:
“ Dr Mbui Wagacha, a policy analyst who left the advisory role in the top office last December after five years, says Parliament has looked the other way as the National Treasury gave the Kenya Revenue Authority (KRA) unrealistic revenue targets only to fall back on debt and expenditure cuts. “We borrowed so much and our headroom for debt has narrowed … there was an over-commitment to capital borrowing and that has left us with narrow headroom for debt,” said Dr Wagacha. “If you look at 2011/2012, we were spending only about 11 per cent of GDP (Gross Domestic Product) directly to repay debt. We are now talking about 57 per cent of GDP in public debt.””(Alushula, 2019).
We know that the state has issues, when the Jubilee are putting austerity measures given by the International Monetary Funds (IMF). While the Jubilee are taking more debt, taking more infrastructure grants and loans, as well as the state is not having the revenue to cover the deficit that has created. This is why the state is paying more of the GDP now, compared to what they did when Kenyatta and Ruto took power.
The Jubilee government could have carried it differently. The Jubilee have used the Eurobonds twice to get fiscal stimulus, but it was also a loan. Therefore, the Jubilee will have to repay those. Just like it has to do with the Chinese loans for the Standard Gauge Railway (SGR) and others, loans that the state has absorbed within the years of Jubilee.
Dr. Wagacha is speaking the truth, but the state has taken the Kool-Aid. Will it find a way to move forward wisely or will it continue the negative cycle of loans to pay-off the old loans, instead of finding revenue and creating a healthy economy. If not just living within its means and not pushing for more, than you can pay for without credit. Peace.
Reference:
Patrick Alushula – ‘Ex-Uhuru adviser says debt may affect growth in Kenya’ 05.02.2019, link: https://www.nation.co.ke/lifestyle/smartcompany/Ex-Uhuru-adviser-says-debt-may-affect-growth-in-Kenya/1226-4967482-b1tau4z/index.html



Today, there was held an demonstration in Gulu town for the land evictions happing in Apaa village. This is a planned land grab by the authorities dating back to 2006. As the land in Amuru have been given to Madhvani Group to the planned Kakira Sugar Factory there. Therefore, these evictions have been planned for decades.
That why I rewrite this again: The Amuru Land Grab: What is ours, is OURS; What is their’s, is OURS; and Whatever is your’s, is still OURS.
Here is today’s reports:
“SOLIDARITY MARCH Monday 4th February: Apaa Monitor has received information that a demonstration is taking place tomorrow at 8am, departing from Ker Kwaro Acholi head quarters in Gulu, in solidarity with those who are suffering in Apaa, and to denounce the atrocities that have taken place there. 8am, Ker Kwaro Acholi, Gang ker ma dit” (Apaa Monitor, 03.02.2019).
“Acholi MPs; Amuru Woman MP Lucy Akello, Kilak South MP Gilbert Olanya, Kilak North MP Anthony Akol and Aruu North MP Odongo Otto arrested over Apaa land demo. They were detained at Gulu Central Police Station for holding an illegal demonstration” (Edge.ug, 04.02.2019).
He we see again, that the public, the Members of Parliament and others are not allowed to address or voice out their grievances. This is currently very normal. Even if the people behind or organizing the demonstration had notified the authorities about their planned demonstration. The Police might still stop it or even bar it from happen.
They might have all the papers right, but still the police would come all out, because it doesn’t matter, even if they did follow the Public Order Management Act (POMA). The Police could still deem it illegal, as they didn’t notify correctly or “incited violence” breaking the penal code.
This is very common, therefore, I have a hard time believing this rally/demonstration was illegal. If it was, they did it this way. Because the MPs and the ones behind it, knew the authorities never would get it accepted. Since, the Apaa Land Grab is an accepted deal between the State and Madhvani Group since 2006. Therefore, the President would be humiliated and the Police Force cannot accept that. Peace.






