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{
    "id": 1079458,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1079458/?format=api",
    "text_counter": 156,
    "type": "speech",
    "speaker_name": "Nandi Hills, JP",
    "speaker_title": "Hon. Alfred Keter",
    "speaker": {
        "id": 2514,
        "legal_name": "Alfred Kiptoo Keter",
        "slug": "alfred-kiptoo-keter"
    },
    "content": "Committee meeting on how to address financing of most of the infrastructural programmes and projects. I understand that there is a huge pending bill that has been raised from the ongoing projects on infrastructure. The Bill introduces amendments to ensure that you do not tax the interest from the bond to encourage many people to take it for us to raise a lot of resources to put in infrastructural facilities. An amendment was done by the Departmental Committee on Finance and National Planning to introduce some regulations in the energy sector where there is huge capital intensity in energy projects. If you were to talk about the Kenya Electricity Transmission Company Limited (KETRACO) and the energy transmission sector, it takes billions of shillings to transmit electricity. It is important to encourage people to come with bonds, so that we can transmit power to most parts of this country and utilise the power that we generate from the many companies through the Kenya Electricity Generating Company (KenGen) and green renewable energy. It is a good thing. As I finalise, it is good to match what you are planning with taxation, so that when you have a huge budget, you try as much as possible to raise funds which will suit or be proper in terms of the implementation of the budget. I support the Bill. Thank you."
}