Budget : Kibera

Introduction:I am extremly happy today to share this budget for the citizens of Kibera, who for too long have been neglected and ignored by the Kenyan Government. This budget sends a message, that we will fight for everyone, to achieve a free, fair and just society in which everyone can prosper.

Our policies set out in this budget aim to improve the lives of the people living in the Kiberia slums, with a 5 step plan.

The Plan:1) Introduce a “Resource - Based Universal Basic Income.

2) Introduce a Land Value tax (LVT) .

3) Build flats and introduce a “council flats scheme”.

4) Attract larger businesses to kibera.

5) Increase funding for schools.

I have used pounds as the currency for easier reference while reading this budget. I hope you enjoy reading this budget.

Sam HuntChancellor

Step One: Resource - Based Universal Basic Income.The Problem:

Kiberan citizens often lack daily essentials needed to survive. This includes water, food and toiletries. Although there are shops selling them - many can’t afford it.

The Solution:

A resorce based Universal Basic Income (UBI) would give all citi-zens a basic supply of resorces like water, food and toiletries, free of charge. This means stores can still sell items, protecting jobs, but everyone gets the vitals. It is also paid to individuals, not households, and can’t be cheated by people. It will downsize bureaucracy and contribute to better working conditions, because workers now have a safety net to challenge their employers.

The Costs:

There are about 1 milliion people estimated in Kibera. Daily, they should recieve around £5 worth of supplies. This may seem low, however the aim of UBI is to give them just the basic income, not a 3 course meal on a golden plate. The average cost per year would be £1,820,000,000. This may seem a lot, however with the introduction of LVT later on in the budget, the cost can also be adjusted for popu-lation increase and decrease.

Step Two: encourage large bUSiNESSES .The Problem:

There is a very low em-ployment rate in Kibera. Furthermore, it can be very hard to track down and locate daily resources in Kibera, due to the high demand on the small busi-nesses already in Kibera.

The Solution:

Encouraging big businesses to Kenya and the Kibera area would cre-ate employment to the area. It would also create a competitve econ-omy, which can drive down prices, which is better for the consumer. As well as creating jobs and lowering prices, big businesses would alllow for more supplies for the citizens of Kibera. This could include seeds which could then be used to grow their own food.The Costs:

To enourage Big Businesses, we shall give tax incentives to compa-nies who work with the Kiberan community. Furthermore, we shall work with other countries to produce trade agreements. Finally, we will promote a “Young Entrepreneurs” scheme.

The costing is only rough, but we are looking at a cost of about £150,000,000 in the first year. However as time goes on we will start to see a gain from these actions.

Step three: iNTRODUCING A COUNCIL FLATS SCHEME .The Problem:

Kibera has a high popula-tion, which means there is a high demand for houses, which means prices are higher. This then causes a large amount of people to live in slums.

The Solution:

A “Council Flats” scheme similiar to ones seen in the UK could help alleviate some of thesse issues by renting out the flats to Kiberan cit-izens. This would get them out of the awful conditions inside Kibera, and bring them into more sanitary conditions. The flats would be able to house large amounts of people, which would help stop overcrowd-ing in the area and allow for space to be used efficiently.

The Costs:

It would take a while for a large amount to be built, so we would start off with a investment of £500,000 for housing for approx. 40,000 Kib-erans. We would then launch a public consulting to see if the desired outcomes were achieved, and would then look into extending the scheme.

Step Four: Further funding in education.The Problem:Low education rates in Kibera lead to low employment rates for White Collar Jobs. This is a waste of people due to the lack of Edu-cation in Kibera.

The Solution:

The obvious answer is to build more schools in Kibera, and train peo-ple to work as teachers. This would create jobs both in the short term and in the long term.

The Costs:

To start with, we would invest £1,000,000,000 into Education for Kibera. This investment would cover things such as build-ing schools, hiring and training teachers and affording text-books, pencils and other equipment used in the school. This would also allow for girls and boys to find work in skilled jobs, and lower crime rate, child prostitution and diseases such as HIV/AIDS, Cholera, Typhoid and others, which would subse-quently save money in the long term for police and hospitals, and ensure a brigher, healthier future for themselves, their family and their country.

PART 2: Taxation and Economics.

Taxation: Land Value TaxA Land Value Tax is an annual tax on the unimproved value of land, that the land-lord pays. It is a tax which has a large amount of benefits, including: Less Urban Sprawl, Less Bureaucracy, No Avoidance/Corruption and an End To Boom - Slump Cycles.

Land Value Tax is impos-sible to work out the rev-enue from, as we would have to calculate how much each piece of landis worth, and without a thinktank, that would be impossible.

However we can estimate the potential revenue. The Scot-tish Greens estimated a revenue of £12,000,000,000 in Scotland, and even though Kenya is very different to Scot-land, we can still use that as a rough guide for working out the revenue of Land Value Tax.

SummaryThank you for reading the Budget. Looking at the economic predic-tions, the Land Value Tax would easily cover the costs of the policies in this budget. I am especially proud to introduce a Resource Based UBI, and be one of the World Leaders in Universal Basic Income. Education is also an extremly important thing I have addressed, and coupled with The Council Flats Scheme and Introducing Large Busi-ness, this budget covers everyone from birth until death. The Council Flats Scheme has all ready worked well in the UK, with their Council Homes scheme, which all though there is no data which we can inter-pret, all of our experts in my department all agree that this will lower homelessness.

Furthermore, countries that are welcoming for Big Business, are usu-ally countries who do well with other things such as Average Life Ex-pectancy and GDP. This shows that this budget has been proof test-ed and suceeded. Let’s take this opportunity now to get the Kiberan Citizens out of Kibera, and into our great country of Kenya, which is a Developing Country economically.

This budget caters for the people of Kibera who have been neglected by the past governments, and tells them that we care, we realise and we act. Thank you for reading this budget, let’s create a fairer Kenya.

Sam Hunt

Chancellor of Kenya

Sam Hunt, 8yGG1 Assesment.