Entry Instance

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

{
    "id": 1116840,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1116840/?format=api",
    "text_counter": 212,
    "type": "speech",
    "speaker_name": "Homa Bay CWR, ODM",
    "speaker_title": "Hon. (Ms.) Gladys Wanga",
    "speaker": {
        "id": 590,
        "legal_name": "Gladys Atieno Nyasuna",
        "slug": "gladys-atieno-nyasuna"
    },
    "content": " Hon Speaker, I was saying that we looked at this from both perspectives. If you look at Part IV of our Report, there are various scenarios that the Committee has given. If you reduce the VAT to zero, what will be the scenario in terms of reduction in price and loss of revenue? If you reduce it to 2 per cent, what will be the scenario? If you put it at 6 per cent, what will be the scenario? We did that so that as Members debate, they are well-informed on the impact of any reduction we make as far as our fiscal framework is concerned. We are concerned about our people and the cost of living. The National Treasury made the point that after we make those reductions, we should be prepared to do a supplementary budget to adjust expenditure. We said that the power of the purse lies with this House. We have the power to make, increase or reduce the budget. As we debate, let us do so holistically and look at the best way we can salvage our people and keep the country going. I would like to thank your office, the Office of the Clerk, Members of the Departmental Committee on Finance and National Planning who went out of their way, the petitioners who not only brought the Petition to us, but also stayed with us the whole time when we were meeting with stakeholders on this matter, and Members of the House for their support throughout this process. I beg to move the Motion for adoption of the Report and ask Hon. Emmanuel Wangwe, who is the Majority Whip, to second."
}