"We are dangerously comfortable with stacking debt upon debt. We must ask ourselves: are we borrowing to consume today, or are we borrowing to invest in a productive capacity that will pay for this debt tomorrow? The latter is the only sustainable path."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
On Public Debt and Economic Sustainability. A clear warning about Kenya's public debt trajectory, distinguishing between productive and consumption-based borrowing.
https://en.wikiquote.org/wiki/Alice_Kilonzo%E2%80%93Zulu
Revision History
No revisions have been submitted for this quote.
Categories
Alice Kilonzo–Zulu
10 quotes on TrueQuotesView all quotes by Alice Kilonzo–Zulu →
Related Quotes
"Closing some of our branches and rather investing in this digital strategy directly facilitates one of the fundamenta…"
"Banks should look to deliver their products through digital channels. At Ecobank Rwanda, we are keen on leveraging mo…"
"We must leverage this digital era to gain more customers and to advance our agenda. We are happy to know that Rwanda …"
"The contribution of SMEs to African economies calls for a more robust risk mitigation strategy instead of avoiding SMEs."
"We leverage on the East African region which is a big market, to attract more customers. We also leverage digital pla…"
"The success of devolution hinges not on how much money is sent to the counties, but on how effectively that money is …"
"An economist's role is to demystify complex numbers and present the clear choices before the public and policymakers.…"
"Alice Kilonzo-Zulu brings a rare clarity to the complex web of intergovernmental fiscal relations. Her work provides …"
"In a field often dominated by abstract theories, Kilonzo-Zulu stands out for her grounded, practical approach to econ…"
"We can have our econ ‘hats’ on with some theory in mind, but without a deep understanding of the context and constrai…"