To get the latest loan from IMF, the government agreed to raise taxes and freeze employment to keep the wage bill low. However, this move is hypocritical bearing in mind the same government is pushing for constitutional amendments that will result in an enormous increase in the same wage bill they are trying to curtail. Ama pesa ikilipwa kwa politician haihesabiwi kwa wage bill. I do not understand their thinking. Anyway, this is what is going to happen:
Prices of commodities will increase
There will b mass sackings (The increased number of politicians means thousands of civil servants will be sacked to balance the books)
Talkers wenye mnafanya kwa government msiseme hamkuambiwa.
This is a no brainer. IMF pours money with the toughest conditions attached. Civil servants will bear the biggest brunt. Don’t let some of them fool you online. People like Gashwin aka Tutu are ‘eating’ huge tenders. Hamko pamoja. Nein.
This is a sad time for this country. And a young man who we trusted has led us to the dungeon. This is a whole Kenyatta family planned move.
Petrol prices kufikia 120sh per litre
Exchange rate ya dollar 1USD= Ksh 115
Price of airtime to rise by 30%
Electricity the same,
An end to Free Primary Education is in the offing.
Toll stations to be set up on every Major road.
Budget day ndio mtaona cha mtema kuni.
Kibaki got these leeches out.
Uhuru appointed their spanner boy, Rotich at first opportunity.
BBI will take care of all that. You see when a country has guaranteed peace, not tensions every 5 years, then investor confidence and the economy grows.
idiotic thinking!!! what peace are you talking about? Your tingod will be no. 3 in the coming election behind mudavadi coalition and the doyen himself. apo hatasema kimeibiwa ataenda nyumbani polepole
the future of this republic just looks grim, the people in charge of running this country are a bunch of clueless mother f^ckers and do not care at all.
Why does the IMF keep giving money to corrupt governments? I would rather they let go and we fail, totally, at least then we can have a chance of rebuilding from scratch with the right people.
Imf have to give money… The US and Eu have been printing trillions of cash… Inflation is knocking on the door… It has to find ways of exporting this useless money to curb inflation… One way is loans to third world countries…