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{
    "id": 1219278,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1219278/?format=api",
    "text_counter": 144,
    "type": "speech",
    "speaker_name": "Kilifi North, UDA",
    "speaker_title": "Hon. Owen Baya",
    "speaker": null,
    "content": "Lastly, the Mover talks about allowing companies to pursue business locally. It is through the 20 per cent waiver to enable them earn a living. A Finance Bill will come to this House. When it comes, it will create all these things; the waivers, the taxes, and all that. I would like to see the Departmental Committee on Trade, Industry and Cooperative come hard and say that we need to reduce taxes, levies and other charges to enhance investor confidence and retention. Hon. Beatrice Elachi, I hope you will note this in your reply as we move forward. We need to have greater input on the Finance Bill. The Finance Bill will create greater latitude and opportunity for us to reduce the high cost of production in this country for which investors are shunning the country. Let us lower the rates of production, reduce levies, and make the country an investor-friendly economy. That is what we need to do. Hon. Elachi, you probably need to look at whether you want to stick with Export Processing Zones or open this country to more economic zones in different parts of the country."
}