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