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"id": 1202334,
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"type": "speech",
"speaker_name": "Ndhiwa, ODM",
"speaker_title": "Hon. Martin Owino",
"speaker": null,
"content": "On austerity, I congratulate the President. Many economies have been stabilised by budget cuts. It works. However, it does not work alone. I urge the President to also look into corruption. In the past administration, Kshs720 billion per year went to theft; that is Kshs2 billion per day. So even if we look at a budget cut of Kshs300 billion, we still will not manage the economy. Let us address this. This is not for the President alone. Even in this House, when the Budget comes and when we do oversight, let us be tough on the implementers. We need to have a national conversation on debt because most of the debts went to infrastructure, but it was not equitable across the country. For example, a farmer in Ndhiwa cannot ferry their farm produce to the market because there are no roads, yet they are paying the same debts. So, even if we reduce our debts by not borrowing, then we should also have an alternative from local revenues to channel funds to areas that have no roads and other infrastructure. The electronic version of the Official Hansard Report is for informationpurposes only. A certified version of this Report can be obtained from the Hansard Editor."
}