JAMES MURAGURI: Kenya Will Default On IMF Loan & This Is What It Means
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- Опубликовано: 13 ноя 2023
- GUEST: James Muraguri- CEO, Institute Of Public Finance (IPF)
GUEST HOST: Mark Bichachi- Communication Strategist
Hosts: Eric Latiff, Ndu Okoh & CT Muga Producer: Ednah Ombaso Executive Producer: Tom Japanni
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No one has refused nor avoided to pay tax. We simply don't have the means anymore and we also understand that we benefit nothing after paying tax except witnessing government officials drive guzzlers and take copters to go plant trees.
On refusal you would be surprised. I agree with all else.
The problem with defaulting is an inflation rate of 50% plus ,
Kenyans need to take heed of this guy's words. Kuna vile at this rate the future isn't as bright as the leadership claims. If the very leaders saying we are in difficult times are the ones living so LAVISHLY, they will leave no economy when they leave. Ppl, pls take notice.
Sounds like organised chaos, in terms of money management and fiscal management, by serikali.
Good conversation. Kenyans must wake up regardless of the affiliations
This whole mess started with kamwana and uongoman who continues to pretend he "was never in government" but never bothered to resign and spare the tax payers his nonsense, kiturambe i say.
These bald guy is one of the most objective analysts i have ever seen! Msilete wajinga like that communications "expert" mkale
I get scared because what typically happens in collapses is that the people in the know are optimists till the very last second, so bad news hits most people suddenly
I love this show! I'm following up on my channel with your topics cause we need citizens to participate and unpack this information
We are in that moment when the fuse wire has burnt out....waiting to see if things will explode 😂
Because there is no oversight
Mps are bought.
Well versed Bw. Muũragũri
I love this show
As a kenyan in diaspora i have withdrawn my money and stopped investing in Kenya until it is stable, stop harrasing and making things hard for diaspora people. Euro at 165 ?.
Sad but now i think my home is where i am , we used to sacrifice to invest back home but it is nolonger safe or friendly again. Instead of building rentals let me buy a house here and wait for 2027
and be coming home as a tourist with 500 usd goods or invite my family to visit me our country is slowly dying and we are watching it
.
This is so true. 😢
@@felixodhiambo3908
Get into your computer and apply; esp to Canada. Easy😂
Very true. Kenyans need to become like other immigrants. You never hear Asians say they’re going back
But removing my money in Kenya I will loose alot now euro is 162 I changed the money when it was 140
@@alicedrehsen3546do it now. Waiting will cost you more.
Looking at this comment section right now, I wonder where our brains flew to during elections? We were busy hurling insults...I mean, this was so clear, the guy had failed as a deputy president, what were people thinking?? Religion should be the first thing to be separated from politics...these bunch knew exactly how to manipulate voters based on religion...Kenyans, it's not God that will turn around things for Kenya, it's good leadership...anyhow, awesome speaker today.
The other option was dead on arrival.BBI meant more burden,by proposed third tier government.we rejected him therefore
@@johnkariuki4184 but Ruto has implemented some parts of it like the MDVDs office😂
@@walteralulu8483😂😂 Different sides of the same coin but one sides pretends it's not part of the coin
Governor Mureithi.
Patrick Muinde.
Kwame ( or is it Sekou) Owino.
Dennis Kabaara
Patrick Muraguri.
Place Kenya's entire financial systems in their hands and we shall be at Singaporeisque levels, in under a decade.
Muraguri is a brilliant guy.
Don't be cheated they only have economic theories they learnt in books that have no practical application in a country like Kenya David ndii is an example he is chief advisor of ruto for a year but no results
@@user-in6dk5ws1y the problem is politics the problem Is that the gvt want to achieve political objectives not economical objectives
Hello mister! You switch off your phone when you are in a conversation, interview, meeting or just engaging with other people! That is called being polite! And respectful of other peoples time!
My classmate😮😮
the government should probably take a trillion and build cheap solar power/coal plants for manufacturing use.also take initiative to market horticulture in europe since we are heading to off season there,get the dollars.
The problem is all our current leaders are in the take. After watching how the likes of sifuna, makau n ledama saved Kawira, the legislature is compromised and the judiciary. Its ordinary Kenyans for themselves and by themselves. It is better to die on your feet than on your knees. Kenyans wake up and fight while you still can!
It takes some wisdom to understand why those legislators voted in support of Kawira but with an empty head one assumes they are like others.
It was a good discussion but can you please conclude an argument conclusively! You have left all the points hanging!
recurrent expenditure includes salaries and maintenance fees.
❤
So a conversation needs to happen everyday among the citizens because they elected leaders that don't have their best interest, I just didn't want to call them stupid, pardon me.
Corruption!I repeat corruption!
Too much to steal. Too little time. Punda lazima ifikie farasi.
We know who are the thieves...when that time come they will know that it was a mistake to take loans to load their pockets
Sorry meant your today guest. James Muraguri not Patrick Muraguri.
Dnt save paper money coz it loses its value and it's worth less and less everytime...invest in something
Appreciate your advice
For sure but the vehicles in Kenya are also not accessible to the kawaida Kenyan
@@iamsyourdadiinvest in Gold.
It the safest investment in a time of uncertainty .
Inflation and depreciation is a tax on savings. Put your investments in T/Bills, RW,UG,TZ,ISR
@@charlesnyagah7423USD or GPB
We must pay bloated govt.,a bad system.uhuru borrowed to sustain salaries for additional devolved govt n wastage.
Hands down! That guy can really speak good Kikuyu language fruentry...
And acculately! 😂
How sure is this james muraguri that kenya will default? On what day will kenya default? What if there is no default? Or something happens when on air you want to be sensational.? Can he be held to account if the said occurence does not happen? Is this a similar situation like the opinion polls that cannot predict anything yet want credibility they dont have.?
😂😂
Uhuru and gang took their unrightful share of this country then sold some of us to the Chinese.Ruto and Gachagua are busy packaging their share of Kenya.The country is broke.Let us sell hii Kenya before auctioneers come in, kila mtu apate yake kidogo aende Rwanda au Saudi Arabia awe slave au India awe ombaomba ya mahali pa kulala.
Poor governance and impotent parliamentarians illustrates illegal debts
CBK
Very unpatriotic 😮
And by place I mean, the following.
Let our soon to come next visionary president call them all for a 7mins meeting.
Then inform them of the following.
He wants ttem to fill the following offices:
1) CBK Governor.
2) Minister of Finance.
3) Principle Secretary,Treasury.
4) Director General, KRA.
5) Chief Economic Presidential Advisor.( SH based)
Ask ttem to retire for 24 hours and return with their internal nominees for each position.
ABUSE OF POWER IN KENYA IS SOMETHING. WACHA Wjinga walipie wizi
TALK TALK TALK GET OUT OF YOUR CHAIRS LETS DEMONSTRATE
A governments job is good governance
@@journalsofanimmigrant123your contract with your MP and governor, is that he gives you kitu kidogo and you elect him. He has to recover his money from the position so that he has enough left over for harambees, funerals, bursaries. That is the purpose of mheshimiwa.
This stupid frace,"the government they were part of"..so what powers did those who part do during that time..just being objective
Phrase*.... They were part of the previous government. Are you trying to re-write history before our very eyes? Who earned the salary of the Deputy President of Kenya between 2013-2022?
Why did Kibaki get elected if he was a vp of moi
They were in leadership. Parliament, cabinet and even in the presidency. What is your point?
@@duabusviis254 I’m also wondering
@@Izzy_B241 Kibaki left Moi in 1992. Was elected in 2002