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{
    "id": 1213854,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1213854/?format=api",
    "text_counter": 225,
    "type": "speech",
    "speaker_name": "Baringo North, UDA",
    "speaker_title": "Hon. Joseph Makilap",
    "speaker": null,
    "content": "why we are saying that we either negotiate using our currency or fix the rate of the dollar or any other foreign currency at the time of borrowing. This country should know that we are paying our colonial masters who retired a long time ago. One of them was born in 1924. Our civil servants who retire wait for more than three years to receive their pension while foreigners who colonised this country are promptly paid every month through Crown Agent. This is why the Committee recommends amending the Pensions Act so that employers in Kenya can notify employees of their retirement time one year before retirement. For example, the TSC does not prepare teachers’ dues until they retire. Retired teachers then wait for their pension till death. There are a lot of cartels in the Pensions Department. There is need to streamline the Pensions Department through the proposals that we have made so that pensioners can get their dues promptly. I agree with my colleagues that the list of foreigners need to be scrutinised, because we are paying pension to persons who are close to 120 years old. The last Parliament raised the debt ceiling to around Ksh10 billion. As at 30th December 2022, our debt stock was reported to be Ksh9.15 trillion. For us to complete this particular financial year, we require an additional Ksh1.36 trillion. What does that tell you? We shall surpass our debt limit and we shall be unable to finance our programmes. There is a monster called pending bills. The bills are created by people and cartels in the Government, so that they can use Article 223 of the Constitution to pay for projects and programs whose budgets were not provided for. In the end, they get kickbacks."
}