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{
    "id": 1352635,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1352635/?format=api",
    "text_counter": 2395,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": "and Hon. Abraham Kirwa are all Members of this Committee. Members of this Committee have been diligent in their work and I must commend them. This is unlike many other Committees where the Chair tables a report and he does not even have a Seconder. In the case of this Committee, the Chairman moved the Motion and the Vice-Chair and at least not less than half the membership of the Committee is in the House to debate their Report. That tells you of their diligence. I want to speak to Recommendation 8.8 on slow disbursement of loan financing. I wish Hon. Ndindi Nyoro had been patient after doing his business to sit in the House and consume part of these things because they affect our budgeting process. Hon. Makali Mulu will bear me witness that when I served as the Chairman of the Budget and Appropriations Committee, one of the key issues that we would always raise was the slow disbursement of loan financing. In fact, our loan books carry such huge amounts of loans that are not being disbursed on a timely basis. There are some that the Government of Kenya has not given the counterpart funding. Therefore, the amount remaining in the loan books is not able to implement projects because of the counterpart funding. I really want to ask Hon. Shurie and the Committee to ensure that within the 60 days that you have recommended for adoption of this Report, the National Treasury informs the House the handicaps that make them unable to absorb debt financing. Some loans come with penalties when you do not consume the money on a timely basis."
}