bankelele
-
Kenya’s Simple Debt
Posted: January 30, 2012, 5:46 pm by bankelele
This interesting graphic of the US debt translated into a family’s mortgage has been making the rounds on Facebook.
How does Kenya’s debt stack up? Drawing on various internet document & newspaper sources and converting tax revenue, the last budget and government debt it breaks down as:
Annual family income: Kshs. 609,000
Money the family spent: Kshs. 919,000
Annual debt payments: Kshs. 32,000
Outstanding debt: Kshs. 1,400,000
Budget cuts: Annual announcements of travel cuts, freezes on new vehicles, are offset by ever increasing salaries and new government structures
Is this accurate? Corrections on figures are welcomed
Blah blah blah
Fish cakes
Alas a fish cake.
Yet more fish cakes
Guess what ... yeah ... fish cakes.
The end of the fish cakes