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The Explainer | The Public Debt Diary

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  • Опубліковано 24 лип 2023
  • Dr. Abraham Rugo: The bigger question is about accountability. Where have these billions and trillions we are talking about been spent?

КОМЕНТАРІ • 60

  • @cuttingedgeConsistentTraders
    @cuttingedgeConsistentTraders Рік тому +13

    Omutata, the law must be followed in govt financial affairs

  • @thesoundofsilence1763
    @thesoundofsilence1763 Рік тому +1

    The way to wealth is to sell, sell, sell. Without exporting goods and services we can talk until the cows come home. Kenya needs to talk about how to sell more, instead of how to manage expenditure, while we are still importing everything.

  • @mufush
    @mufush Рік тому +3

    I dint know nyoro can be smart,if he only matured on insults against Raila

  • @jefmweds
    @jefmweds Рік тому +1

    The most important thing is make the debt public yearly and let the finance minister update the public every six years

  • @mufush
    @mufush Рік тому +2

    This guy omutata is a walking constitution,surprisingly,he isn’t a lawyer,just come to love him

    • @petersonnyoro459
      @petersonnyoro459 Рік тому

      At times he talk trash.He is a Raila n investors puppet who sends him to courts.The idiot is a toilet paper used by dynasty’s to attend courts

  • @muhuradedan
    @muhuradedan Рік тому

    The best thing the people of Busia did was sending Omtata to the Senate

  • @charlesnyagah7423
    @charlesnyagah7423 Рік тому +3

    Treasury and Central Bank should be anchored in the constitution as independent institutions

  • @dnarna8994
    @dnarna8994 Рік тому +1

    The main thing is to obey the law as it currently stands. All will be well if that is done.

  • @dandee7414
    @dandee7414 Рік тому +2

    Please Sam Gituku bring an explainer of Gas prices in Kenya from year 2020, please show us how Gas has reduced in year 2023...let the Kenyans see this progress from year 2022 to year 2023...What are the gas prices like in Nairobi, Thika, Murang'a, kibra, ...u can visit those who sell in streets and tell us

    • @user-nk7kr8ny6d
      @user-nk7kr8ny6d Рік тому

      Gases prices across the globe are on the decline, what do you mean??

    • @nobleideas2838
      @nobleideas2838 Рік тому

      ​@@user-nk7kr8ny6dand so is the increase of oil prices worldwide

  • @thesoundofsilence1763
    @thesoundofsilence1763 Рік тому

    If a debt was not authorized and in fact above the legal limit, then parliament can refuse to service it because it is not legally enforceable, since it is illegal. Jimmy Wanjigi said it and he was right.

  • @annemugo1101
    @annemugo1101 Рік тому +2

    I like your voice Diana and knowledge

  • @MwAfrika_Kev
    @MwAfrika_Kev Рік тому +1

    I came to love omutata and jimmy wanjigi ❤❤❤❤PARLIAMENT SHOULD BE IN COURT EXPLAINING AND TREASURY IN JAIL EXPLAINING FROM BEHIND BARS

  • @stove7197
    @stove7197 Рік тому +2

    Dr. Rugo and Ms. Diana are for the first time quite wrong about the budget process 😬....short term borrowing (1 year and less) can never exceed 5% of the budget and NEVER for development, thank you Sen. Omtataha for setting the record/law right for these otherwise important professionals!

  • @jonahbelyon660
    @jonahbelyon660 Рік тому +3

    I think within East Africa, Kenyans may be the only ones who participate in equal measure about their rights and how their money is used. Keep it up, Kenyans. Future is promising.

    • @kamasalothi1040
      @kamasalothi1040 Рік тому

      Within East African, kenya might be the most corrupt country

  • @Missanne1342
    @Missanne1342 Рік тому +8

    Omtatah has schooled everyone today on articles😅

  • @annemugo1101
    @annemugo1101 Рік тому +1

    The money matter is very complex and need people who have know how so if we elect tugeges in parliament can they make out or its just signing what the executive present. Am learning

  • @charlesnyagah7423
    @charlesnyagah7423 Рік тому

    The streamlining of SOE is difficult in our realpolitik because of rewarding political failures and cronyism. That would require a transition adminstration and circumscribing in statue. KQ is a fait accompli.

  • @paulkagumire4985
    @paulkagumire4985 Рік тому

    Good discussion..I wonder why we keep blaming the west and rubbishing aid when some of the key issues are misuse of public funds! How can we even talk about one Africa with all this ecomic and social crisis?

  • @LikizoB
    @LikizoB Рік тому +3

    Nice panel. Diana is extremely smart. Omtatah doesn’t seem to have a good understanding of the law. Very strong performance by Ndinyi

  • @stove7197
    @stove7197 Рік тому +3

    Ndindi we don't care about $denomination of domestic debt...tell us how it is we even have domestic debt "borrowing" for development when it was not authorized by parliament or even envisaged by/anchored in the Constitution?

    • @jamesrut4271
      @jamesrut4271 Рік тому

      Stop believing Omtata. Documents in are on the Treasury website

    • @stove7197
      @stove7197 Рік тому

      @@jamesrut4271 I always trust but verify, but if you think that the documents on the Treasury website tell a different story than Omtatah’s, then either you haven’t interrogated them or you don’t know what you’re talking about on the subject.

  • @edwardonyaoking8173
    @edwardonyaoking8173 Рік тому

    There is 1.9 trillion shillings in salaries expenditure and wastage. Hungry kenyans wata kuwa thuggish and gangsterish to revolutionize kenya yote. Poverty ita make kenyans kuwe animals. Revolution is only solution ya kenya

  • @jefmweds
    @jefmweds Рік тому

    Omtata says the parliament should only approve balanced budget but the same constitution has provisions on debt financing….why is he just confusing himself?

  • @jefmweds
    @jefmweds Рік тому

    IMF is a lender of last resort….You found yourself in a hole and you try to tell the savior the conditions of saving you? Who has the power? Some panelists just talk and know less about how world operates

  • @scofield6490
    @scofield6490 Рік тому

    The parliament has failed Kenyans in totality,on what okiya purpots any one who approve illigal debt should carry their own cross after a serious auditing is conducted

  • @duncancreativecorner
    @duncancreativecorner Рік тому +1

    next time give ndindi nyoro people he can face ,these people are not well versed on debt issue,my knowledge is way better ,if we depend on the document CBK data ,we are misinformed,the details can be obtained from treasury ,then aggregate them,ndindi nyoro ameshinda this team bana,next time take a good team

    • @Shampah.The.Emo.Rapper
      @Shampah.The.Emo.Rapper Рік тому +1

      Haha

    • @selinachula4274
      @selinachula4274 Рік тому +1

      Sasa auditor general ni mjinga?

    • @selinachula4274
      @selinachula4274 Рік тому +2

      Mkora Rotich alishikwa juu ya ukora and he was finance minister, unafikiri wakenya ni wajinga?

    • @duncancreativecorner
      @duncancreativecorner Рік тому +3

      @@selinachula4274 nimesema ndindi nyoro apewe squad noma next time,hii squad alipewa sidhani walikuwa ready ,nima titles tu but explanation is empty

  • @Cwa254
    @Cwa254 Рік тому +1

    If so..did it start now? Omutata?

    • @duncanchizizi6543
      @duncanchizizi6543 Рік тому +2

      it does not matter when the vice had started-what you should be concerned is why is it still happening now.

    • @gemadasent
      @gemadasent Рік тому +1

      ​@@duncanchizizi6543I agree with you but watch the space. He can't be consistent. I love what he's doing to keep the government legally sane but I'd like to see him do it all his life irregardless who's in power

  • @susanrobinson8622
    @susanrobinson8622 Рік тому +2

    Well spoken Ndindi!, "impressive", you used King James version of English.

    • @stove7197
      @stove7197 Рік тому +5

      The bible versions/english is all you got from this intricate debt crisis discussion?? Wah no wonder Kenya is wallowing in the debt mess it's in.

    • @susanrobinson8622
      @susanrobinson8622 Рік тому

      @@stove7197 Stop shifting the debate to my "comment", and any way am Duel citizen "British/Kenyan", so i will not let comments like yours affect me, because to my understanding "over borrowing" was worst when the two handshake brothers were in government year 2017/2022. And by the way if you reply a nasty comment to this! i will respond likewise.

    • @stove7197
      @stove7197 Рік тому

      @@susanrobinson8622 lmaol…No idea why you think being a dual citizen is relevant details to note here but anyway, might perhaps explain why you’re grossly misinformed…the SGR, Eurobond etc., that is, the bulk of Kenya’s current foreign debt occurred between 2013-2017, thereby predating the handshake. I’m shaking with fear reading your threat…

    • @selinachula4274
      @selinachula4274 Рік тому

      ​@@susanrobinson8622Who cares about your dual citizenship Mrs Tugege supporter?? Bring out your intelligence in this discussion si upuzi. What value does King James Version English bring to the discussion??

    • @samutykuntathebantu8402
      @samutykuntathebantu8402 Рік тому +1

      ​@@susanrobinson8622eti duel citizen yaani makondoo wako Kenya in plenty so you think that add value on your empty head

  • @edwardonyaoking8173
    @edwardonyaoking8173 Рік тому

    Kra patia kenyans fake numbers. Wame collect 1.5 trillion shillings and wanted to get 2.8 trillion shillings. Miss revenue targets.

  • @willyawillo
    @willyawillo Рік тому +1

    😂😂😂😂

  • @MwAfrika_Kev
    @MwAfrika_Kev Рік тому

    NOTHING SHOULD BE LOOKED AT NDINDI SHOW US WHERE IN THE CONSTITUTION