JAMES MURAGURI: Kenya Will Default On IMF Loan & This Is What It Means

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  • čas přidán 13. 11. 2023
  • GUEST: James Muraguri- CEO, Institute Of Public Finance (IPF)
    GUEST HOST: Mark Bichachi- Communication Strategist
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Komentáře • 88

  • @josephsimba830
    @josephsimba830 Před 8 měsíci +9

    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.

  • @gw7768
    @gw7768 Před 8 měsíci +35

    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.

    • @mozi3051
      @mozi3051 Před 8 měsíci +1

      On refusal you would be surprised. I agree with all else.

    • @williamwatitwa3534
      @williamwatitwa3534 Před 7 měsíci

      The problem with defaulting is an inflation rate of 50% plus ,

  • @mosetimondah3255
    @mosetimondah3255 Před 8 měsíci +15

    Good conversation. Kenyans must wake up regardless of the affiliations

  • @georgemayo7383
    @georgemayo7383 Před 8 měsíci +15

    Sounds like organised chaos, in terms of money management and fiscal management, by serikali.

  • @alexsimiyu8582
    @alexsimiyu8582 Před 8 měsíci +16

    These bald guy is one of the most objective analysts i have ever seen! Msilete wajinga like that communications "expert" mkale

  • @chomasensi
    @chomasensi Před 8 měsíci +9

    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.

  • @panafrican.nation
    @panafrican.nation Před 8 měsíci +8

    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

  • @africanqueenmo
    @africanqueenmo Před 8 měsíci +10

    I love this show! I'm following up on my channel with your topics cause we need citizens to participate and unpack this information

  • @samcaptain001
    @samcaptain001 Před 8 měsíci +5

    We are in that moment when the fuse wire has burnt out....waiting to see if things will explode 😂

  • @peternagemiomulweyi639
    @peternagemiomulweyi639 Před 8 měsíci +6

    Because there is no oversight
    Mps are bought.

  • @AnneIrungu_ke
    @AnneIrungu_ke Před 7 dny

    We must get it right with our debt and revenue and what the law says about the revenue and the justification for taking debt.

  • @kanuriken9480
    @kanuriken9480 Před 8 měsíci +2

    Well versed Bw. Muũragũri

  • @charlesouko4253
    @charlesouko4253 Před 8 měsíci +6

    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.

    • @owinoopondo4624
      @owinoopondo4624 Před 8 měsíci

      Muraguri is a brilliant guy.

    • @user-in6dk5ws1y
      @user-in6dk5ws1y Před 8 měsíci

      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

    • @walteralulu8483
      @walteralulu8483 Před 8 měsíci

      ​@@user-in6dk5ws1y the problem is politics the problem Is that the gvt want to achieve political objectives not economical objectives

  • @lakeinrocks
    @lakeinrocks Před 8 měsíci +3

    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.

    • @johnkariuki4184
      @johnkariuki4184 Před 8 měsíci

      The other option was dead on arrival.BBI meant more burden,by proposed third tier government.we rejected him therefore

    • @walteralulu8483
      @walteralulu8483 Před 8 měsíci

      ​@@johnkariuki4184 but Ruto has implemented some parts of it like the MDVDs office😂

    • @peachykweyu1112
      @peachykweyu1112 Před 6 měsíci

      ​@@walteralulu8483😂😂 Different sides of the same coin but one sides pretends it's not part of the coin

  • @theafrican_elephantclan
    @theafrican_elephantclan Před 8 měsíci +1

    I love this show

  • @samkamaa441
    @samkamaa441 Před 7 měsíci +2

    My classmate😮😮

  • @johnnkariuki2282
    @johnnkariuki2282 Před 8 měsíci +1

  • @abocas
    @abocas Před 7 měsíci

    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!

  • @tangotusker1
    @tangotusker1 Před 8 měsíci +1

    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!

    • @johnosumba1980
      @johnosumba1980 Před 8 měsíci

      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.

  • @Lightkcc
    @Lightkcc Před 8 měsíci +17

    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
    .

    • @josephsimba830
      @josephsimba830 Před 8 měsíci +2

      This is so true. 😢

    • @raanajak471
      @raanajak471 Před 8 měsíci

      ​@@felixodhiambo3908
      Get into your computer and apply; esp to Canada. Easy😂

    • @discounthub1401
      @discounthub1401 Před 8 měsíci +2

      Very true. Kenyans need to become like other immigrants. You never hear Asians say they’re going back

    • @alicedrehsen3546
      @alicedrehsen3546 Před 8 měsíci +1

      But removing my money in Kenya I will loose alot now euro is 162 I changed the money when it was 140

    • @abusad123
      @abusad123 Před 8 měsíci

      ​@@alicedrehsen3546do it now. Waiting will cost you more.

  • @dennisalbert6115
    @dennisalbert6115 Před 8 měsíci +7

    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.

  • @vicandew8014
    @vicandew8014 Před 8 měsíci +1

    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.

  • @MwangiNjagi
    @MwangiNjagi Před 8 měsíci +1

    It was a good discussion but can you please conclude an argument conclusively! You have left all the points hanging!

  • @dpi-operatorsteam4961
    @dpi-operatorsteam4961 Před 8 měsíci

    recurrent expenditure includes salaries and maintenance fees.

  • @chris25979
    @chris25979 Před 7 měsíci

    Corruption!I repeat corruption!

  • @Blackfish81
    @Blackfish81 Před 8 měsíci +5

    Dnt save paper money coz it loses its value and it's worth less and less everytime...invest in something

    • @josephgathuku6907
      @josephgathuku6907 Před 8 měsíci

      Appreciate your advice

    • @iamsyourdadi
      @iamsyourdadi Před 8 měsíci

      For sure but the vehicles in Kenya are also not accessible to the kawaida Kenyan

    • @wawerukamau1260
      @wawerukamau1260 Před 8 měsíci

      ​@@iamsyourdadiinvest in Gold.
      It the safest investment in a time of uncertainty .

    • @charlesnyagah7423
      @charlesnyagah7423 Před 8 měsíci

      Inflation and depreciation is a tax on savings. Put your investments in T/Bills, RW,UG,TZ,ISR

    • @bryanotieno7106
      @bryanotieno7106 Před 8 měsíci

      ​@@charlesnyagah7423USD or GPB

  • @jacobemongor2925
    @jacobemongor2925 Před 8 měsíci

    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

  • @charlesouko4253
    @charlesouko4253 Před 8 měsíci +1

    Sorry meant your today guest. James Muraguri not Patrick Muraguri.

  • @vicentepascal6758
    @vicentepascal6758 Před 8 měsíci +1

    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.?

  • @johnkariuki4184
    @johnkariuki4184 Před 8 měsíci

    We must pay bloated govt.,a bad system.uhuru borrowed to sustain salaries for additional devolved govt n wastage.

  • @mwangikaranja5157
    @mwangikaranja5157 Před 8 měsíci

    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.

  • @Professorx-zc1oj
    @Professorx-zc1oj Před 8 měsíci

    Hands down! That guy can really speak good Kikuyu language fruentry...

  • @otienopanya5385
    @otienopanya5385 Před 8 měsíci

    😂😂

  • @bryanotieno7106
    @bryanotieno7106 Před 8 měsíci +1

    Poor governance and impotent parliamentarians illustrates illegal debts

  • @krismambo6448
    @krismambo6448 Před 8 měsíci

    CBK

  • @violam592
    @violam592 Před 8 měsíci

    Very unpatriotic 😮

  • @journalsofanimmigrant123
    @journalsofanimmigrant123 Před 8 měsíci

    ABUSE OF POWER IN KENYA IS SOMETHING. WACHA Wjinga walipie wizi

    • @journalsofanimmigrant123
      @journalsofanimmigrant123 Před 8 měsíci

      TALK TALK TALK GET OUT OF YOUR CHAIRS LETS DEMONSTRATE

    • @journalsofanimmigrant123
      @journalsofanimmigrant123 Před 8 měsíci

      A governments job is good governance

    • @Pmooli
      @Pmooli Před 8 měsíci

      ​@@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.

  • @charlesouko4253
    @charlesouko4253 Před 8 měsíci +2

    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.

  • @Cwa254
    @Cwa254 Před 8 měsíci +1

    This stupid frace,"the government they were part of"..so what powers did those who part do during that time..just being objective

    • @narotsonana
      @narotsonana Před 8 měsíci +3

      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?

    • @Izzy_B241
      @Izzy_B241 Před 8 měsíci

      Why did Kibaki get elected if he was a vp of moi

    • @duabusviis254
      @duabusviis254 Před 8 měsíci

      They were in leadership. Parliament, cabinet and even in the presidency. What is your point?

    • @Izzy_B241
      @Izzy_B241 Před 8 měsíci

      @@duabusviis254 I’m also wondering

    • @simonmusili1922
      @simonmusili1922 Před 8 měsíci

      @@Izzy_B241 Kibaki left Moi in 1992. Was elected in 2002