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{
    "id": 127925,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/127925/?format=api",
    "text_counter": 309,
    "type": "speech",
    "speaker_name": "Mr. Mungatana",
    "speaker_title": "",
    "speaker": {
        "id": 185,
        "legal_name": "Danson Buya Mungatana",
        "slug": "danson-mungatana"
    },
    "content": "Mr. Speaker, Sir, I thank the Deputy Prime Minister and Minister for Finance for his Statement. However, I would like to table the Report of the Privatization of State Enterprises by the Government of Thailand, which is on-going. It is not just in Thailand, but also in the Hellenic Republic of Greece and the United Kingdom (UK). Mr. Speaker, Sir, the main purpose of privatization which is stated in this Report, is to ensure that the fiscal burden of state enterprises is reduced. This is to say that the loss making parastatals are the ones that are supposed to be done away with for the benefit of the Republic. In the published Gazette Notice, we have the Numerical Machining Complex which we have no problem with. It is listed as having idle assets. We can privatize that parastatal and make it profitable. However, the Kenya Ports Authority (KPA) has declared a profit of Kshs5 billion and KenGen has carried one of the most successful Initial Public Offers (IPOs) in the country. What is the justification for selling these national assets? Why are we selling the family silver?"
}