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"id": 1152695,
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"type": "speech",
"speaker_name": "Kiminini, FORD-K",
"speaker_title": "Hon. (Dr.) Chris Wamalwa",
"speaker": {
"id": 1889,
"legal_name": "Chrisantus Wamalwa Wakhungu",
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"content": " Thank you, Hon. Speaker. On my behalf, on behalf of my family, on behalf of the great people of Kiminini and Trans Nzoia County at large, I bring our message of condolences to the family of the late President, friends and the entire nation. The Bible in the book of Ecclesiastes says that there is time for everything: there is time to be born and there is time to die. Indeed, it was too early for the late President Mwai Kibaki. He leaves behind a positive legacy. He was indeed a family man. From his busy schedule of politics, he found time for his family and this is a big virtue that other leaders must emulate. When it comes to matters of the economy, the President took over when the growth of the economy was at 0.06 per cent and he managed to drive it to almost 10 per cent. Mwai Kibaki believed in planning. It is said that failing to plan is planning to fail. Indeed, he came up with the Vision 2030, the economic blueprint that all policies are anchored in. In the Vision 2030, the President envisioned Kenya to be a middle income economy. On matters of public debt, the President borrowed wisely. I remember at the time the ratio of public borrowing to the GDP was around 48 per cent to 50 per cent. But currently, the borrowing ratio to the GDP is almost 100 per cent. He borrowed wisely. Now the burden of the public debt is on Kenyans. We call upon leaders to emulate President Mwai Kibaki. On matters of taxation, he increased the tax revenue and at the time the Kenya Revenue Authority (KRA) had a slogan, kulipa ushuru ni kujitegemea. This is the President. When it came to matters of employment, he came up with the Economic Recovery Strategy for Wealth Creation and Employment. I remember at the time we had drastic reforms in the banking industry. The cash reserve ratio was low and banks for the first time in the history of the country were hawking loans. They were giving loans to Kenyans at a low interest rate because we did not have a lot of Government domestic borrowing. He had allowed the Small and Medium Enterprises (SMEs) to borrow from banks. We salute him because it is the time the economy grew and there was a lot of money with the SMEs and employment was created. During his time as President, there was zero tolerance to corruption. In every Government office you went to, it was written, “Zero tolerance to corruption”. We salute President Mwai Kibaki because he was committed towards the fight against corruption."
}