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{
    "id": 133747,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/133747/?format=api",
    "text_counter": 226,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "maintenance of the Integrated Financial Management Information System (IFMIS). Kshs3.5 billion has been budgeted for the design and seed money for the construction of the standard gauge railway system from Mombasa to Nairobi which is the first phase of the real development of the railway. Kshs1.5 billion has been budgeted as a capital transfer to KenGen to help it enhance electricity generating capacity in the face of the prolonged drought. Mr. Speaker, Sir, as outlined in my Budget Statement, the Ministry will require Kshs2 billion towards the initiation of the irrigation projects in various parts of the country for the production of rice and maize to overcome the current food shortage in the country. As the Government continues to privatize State Corporations, it should also be remembered that some restructuring is required to make the parastatals attractive to strategic investors. In this regard, the Ministry is requesting a total of Kshs3.65 billion to be transferred to various State Corporations including the Kenya Petroleum Refineries Limited, Kshs100 million; Pan Paper Mills, Kshs500 million; National Housing Corporation (NHC), Kshs250 million, Telkom Kenya via a loan, Kshs2.5 billion; KenGen tariffs subsidy Kshs300 million, amongst others. Mr. Speaker, Sir, the Ministry has budgeted Kshs200 million towards hiring transaction advisors for the ongoing privatization programme which will include, amongst other things, the National Bank of Kenya (NBK), Kenya Wines Agency Limited (KWAL), the sugar companies, the national hotels. This is a programme which will eventually need the approval of this House. Kshs300 million has also been budgeted for the acquisition of land for the expansion of port facilities in Mombasa by the Kenya Ports Authority (KPA). Kshs165 million has been budgeted as a capital transfer to the Kenya Investment Authority (KIA) to cater for their regional expansion programme including the one-stop shop in Nairobi. The Ministry has also budgeted Kshs434 million to cater for counter-part funding for donor-funded projects. Having outlined the programmes that my Ministry will undertake during the Financial Year, I wish to confirm that the funds requested will be utilized efficiently and effectively as approved by the House. The Ministry will strive to uphold good governance in the delivery of services. With those few remarks, I now seek the approval of this House for my Ministry to spent the sum of Kshs43,335,000,000 to finance both Recurrent and Development Votes for the 2009/2010 Financial Year. I beg to move."
}