Honourable members, if the 6.7% Economic growth projection for year 2007 comes to pass, then it will be the highest ever in this country since 1950.

On the five point score card that the president used to seek election, I think its only the constition that he has not delivered. He definately deserves a second term.

Kibaki tosha!!

http://www.communication.go.ke/development/

Kibaki abaki

Yes the GDP has grown, but when is Wanjiku going to get her crumbs?

Re this figures cooked? If not, is it because of the president that the GDP has grown or is it because he has let the systems work? why does the gap between the rich and the poor continue to widen? How many Kenyan continue to live in abject poverty?

Nina imani na Kibaki na ndio maana ninabaki na Kibaki!

During Moi's tenure people were always saying that 'the gap between the Rich and the poor is widening' now its Kibaki's time and 'the Gap between Rich and Poor is continuing to Widen'........statistics please.
We don't have a good record to borrow externally so how do we expect to raise money that is supposed to eradicate poverty?
Hata Serikali ikiangusha rate ya ushuru bei ya unga itashuka kweli in a free market? remember the government is borrowing from us to fund development for us.

There are two policy options that the govt has to bridge this gap btn the rich and the poor:- Fiscal and monetary policies.

Under fiscal policy, the government should put in place tax regimes that tax the rich more( without scaring them away to invest elsewhere) and then using the funds to provide subsidies to the poor. This I think the govt is doing.

The other is monetary policy, the government stopped borrowing from commercial banks thereby reducing interest paid on treasury bills. The banks now have to lend to the ordinary kenyans. and they have really been borrowing-600billion by dec last yr. Ordinary kenyans should now invest these funds to release themselves frm the yoke of poverty.

The biggest problem is that most of the rich in kenya did not get their wealth thro' proper means. All the millionaires in Mois government got their wealth thro' corruption not thro production of goods and services. They impoverished millions in the process. To get at these people is tricky, since the looted billions are lying idle in banks here and abroad.

Its idle to send good money after bad money. The best way is to let the courts to get the looted funds for us while build our nation. these funds would then be used to address this gap.

The only problem is that KACC seems not able to measure up to the task. All we can do for now is to make sure that the Moi goons in whichever shade do not get anywhere near power again. otherwise I do not see any quick fixes to this gap that is causing genuine concern.

hummm that reminds of public finance.....well the thing is people are able to hold valuable money more more money at our hands thus increase in savings,there is improved venture into business.one thing we have to know is that we have to pay taxes so that the government of the day can be able to finance its projects,then it can go ahead to subside some goods so that those poor people can access then at cheaper rate.the former regime had down graded every thing yaani completely such that this govt started from scratch i wish kibaki was kindu forty five we give him20yrs and this county u'd become industrialized.

Good people,
The issue of the rich-poor divide will be with us for quite sometime. We are just coming from 24 years of economic stagnation .5 years are too few for the benefits of economic growth to be felt by all.The government will not put money into anybodies pocket as a lot of us want to imagine. It will facilitate you to get that money yourself.

Allow me to disagree with those who subscribe to the view that the figures are cooked and the poor have not experienced any positive change.

One, every corner of the country is today experiencing some sort of subsidy through CDF.Previously, the people themselves were to finance this development activities. The target group here is mainly the poor who now have more health facilities, schools,feeder roads, bursaries courtesy of the government programmes and initiatives.

Just look at free primary education and free health care. Are they not targeted towards the poor??If you have 10 children who can now attend school for free and you no care in the world whether they get sick because drugs are free and available, is that not a positive thing?? From such deliberate actions, the disposable incomes for the poor is increased through subsidy of education and health. But what they do with increased subsidy-they indulge in illicit drinks and sire more kids rather than channel the same to self-improvement.

The country is now less dependent on donor funding.This means that peoples and corporate incomes have increased sufficiently as to increase the capacity for taxation.The same case applies to consumption tax such as VAT and customs.This also means that the country does not incur unncessary public debt (both locally and foreign).

It is now easier to access unsecured loans expecially for the employed people. Increased credit can only come when there is increased savings in the economic savings. Access to cheap credit will no douvt spur the economic growth and self growth for those who intend to better their lives.

It is also common knowlege that companies are posting impressive profits. Just talk to any employment agency and they will tell you this is the best time of their operations.

quote:

Originally posted by Paka Mwitu "Alley Cat":
It is also common knowlege that companies are posting impressive profits. Just talk to any employment agency and they will tell you this is the best time of their operations.

True Paka Mwitu.....companies are employing more than ever....things are taking the right direction.....

[QUOTE]Originally posted by Wakanyugî:
Wakanyugi,
Seriously, can you be kind enough to tell me of some of these companies? I want to send my application.

quote:

Originally posted by sajini:
[QUOTE]Originally posted by Wakanyugî:
Wakanyugi,
Seriously, can you be kind enough to tell me of some of these companies? I want to send my application.

sajini,
wakanyusi has the information.Just look at any kenyan daily newspaper under jobscan and you will be surprised.

paka mwitu, you have put it very well,my child was opparated in a government hospital recently,i had first cosulted a private doctor who said i pay 50,000ksh.
the same doctor happened to work in the government hospital and he had a program of the same opparation once per month ,i had a clue that she was to do the opparation ina week time ,so i decided to try if the boy could be included on the opparation,by good luck i succeded,
when i went to pay the bill i was asked to pay just 500/=
that why i will vote for kibaki,i saved 49500/= this is alot of money !