Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1051835,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1051835/?format=api",
    "text_counter": 72,
    "type": "speech",
    "speaker_name": "Sen. Kibiru",
    "speaker_title": "",
    "speaker": {
        "id": 13196,
        "legal_name": "Charles Reubenson Kibiru",
        "slug": "charles-reubenson-kibiru"
    },
    "content": "Thank you, Mr. Speaker, Sir. I want to proceed. I was saying that the Committee felt a little bit uneasy when we heard that the National Treasury is putting in Kshs1 billion to increase on the figure of Medical Equipment Services MES). This is an animal that we have all been trying to fight and as a Committee, we have refused. We were persuaded, but we have recommended that the allocation to the MES project should remain at Kshs6.2 billion since this contract has fixed terms and the cost should not be fluctuating annually. At one point it was even Kshs9 billion and other time Kshs5 billion. Our recommendation is that the faster we do away with this animal, the better. We have recommended that the money be reallocated elsewhere. I mentioned about the Ministry of Foreign Affairs. Mr. Speaker, Sir, on debt management, our recommendation is that the Auditor- General should conduct a performance audit on public debt to establish the economy efficiency and effectiveness of public debts, including the true debt sustainability position since there are conflicting statistics in the Kenyan debt situation. The issue of debt is something that people talk about in whispers. People do not want to tell the truth. It is high time we do a surgery, dissect and see how we are performing on issues of debt. What value are we getting out of the debt? In terms of policy, the National Treasury should submit an updated public debt register as an annex when submitting the Medium Term Debt Strategy to Parliament. We want to know the status and the position when this one is done. We also looked at the allocation. Like we mentioned, we now have a kitty of about Kshs370 billion. On the allocation of conditional grants from proceeds of grants and loans from development partners, we have Kshs32.3 billion. Allocation of medical equipment: Kshs6.21 billion. Since the contract is fixed, we said that we will reduce the Kshs1 billion that was there. The Kshs1 billion saving from the allocation of MES should be redirected to reduce the fiscal deficit. I hope that the National Treasury has heard that. Mr. Speaker, Sir, the fiscal deficit on commitment basis excluding grants for the Financial Year 2020/2021 should be binding at Kshs970 billion. The net domestic borrowing and net foreign financing to be set at Kshs661 billion and Kshs267.3 billion The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}