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"id": 1279620,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1279620/?format=api",
"text_counter": 65,
"type": "speech",
"speaker_name": "Kikuyu, UDA",
"speaker_title": "Hon. Kimani Ichung'wah",
"speaker": null,
"content": " Hon. Speaker, I beg to lay the following Paper on the Table: The Treasury Memorandum on action plans to revive and commercialise State-owned sugar companies from the National Treasury and Economic Planning. Hon. Speaker, it is important to elaborate further what this Paper is all about. The National Treasury is submitting the memorandum on action plans to revive and commercialise the State-owned sugar companies requesting the National Assembly to approve. I was just elaborating it for Hon. Salasya. I can see that he is in the House and I wanted him to pay attention because we are talking about sugar companies. This Paper seeks the approval of the National Assembly for the write-off of loans owed by the five public mills to the Government of Kenya and Kenya Sugar Board Commodities Fund amounting to Ksh65,778,448,646 as at 30th June 2023, and any other accrued interest as of the date of approval. It seeks the approval of the National Assembly for write off of the tax penalties and interest amounting to Ksh50,144,801,608 as at 30th June 2023, and other accrued interest as at the date of approval. It also seeks the vacation of the privatisation model approved by The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}