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"id": 1236968,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1236968/?format=api",
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"type": "speech",
"speaker_name": "Hon. Musalia Mudavadi",
"speaker_title": "The Prime Cabinet Secretary",
"speaker": {
"id": 84,
"legal_name": "Wycliffe Musalia Mudavadi",
"slug": "musalia-mudavadi"
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"content": "close to 240 million bags of beans this year. This is a cycle and it is very important that when we engage in the import programme, we look at timely delivery of whatever is required; it should not coincide with the local harvest. On targeted distribution, we rely on a lot of good data from the Ministry of Arid and Semi-Arid Lands and the Ministry of Agriculture. They are able to map out very clearly which other areas are most needy. They have been doing well on this one. People who require food have been supported. In fact, over four million Kenyans across the country in different counties have benefitted from interventions by the Government and support from some of our development partners. We have been able to feed close to 4.5 million Kenyans during this crisis period. There is order in that process. Coming back to the wheat issue, as we said, Russia and Ukraine are in a state of war and we do not know when it will come to an end. Commodity markets also respond… If a certain area is producing enough, say, wheat, then there are alternative markets we can source the wheat from. On the issue of monetary policy and price stability, the best you can say is that I will not run away from what I have said. To achieve monetary and price stability, you ought to have a confluence of many different policies being tackled simultaneously. For instance, as a result of inflationary prices going up, the Central Bank of Kenya (CBK) has adjusted its rate to 9.5 per cent. It wants to make sure that it subdues the inflationary pressures. I also want to state without blinking that we have mitigating factors which are short-term. Some of them are duty waivers on commodities that are essential. We also have Government-to-Government interventions. Over and above that, there is the cash transfer programme to assist needy communities in our country. Resources are being channelled to the needy to help them during this difficult time. It would be foolhardy for me to stand here and tell Kenyans that you can have an outright instant solution to the recovery of the economy or turning it around."
}