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{
    "id": 1352670,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1352670/?format=api",
    "text_counter": 2430,
    "type": "speech",
    "speaker_name": "Wajir East, JP",
    "speaker_title": "Hon. Aden Mohammed",
    "speaker": null,
    "content": "be shared between this and future generations. As these loans are reported and they must also include inter-generational equity. We do not want to burden our grandchildren with debts that they have not taken; neither do we want to take the burden of our grandchildren and pay for debts that should be for later generations. Article 201 also talks about geographical equity. The next report that comes to this House must also show whether the loans that have been taken have equity as far as their geographical distribution is concerned. We do not want a situation where Kenyans pay for loans yet the loans go towards development of only certain parts of Kenya. If we share the burden of paying for the loans, we must also share the benefits of those loans. Therefore, I hope that the next report from the Committee, to which I am a member, will include both inter- generational and geographical equity. The submissions by the Controller of Budget indicated in the Report on Paragraph 6.3, show that some of the loans owed by some Semi-Autonomous Government Agencies (SAGAs) were signed for by the national Government. The Committee noted that that is not the mandate of the national Government. According to our Constitution, the national Government should only guarantee loans for SAGAs and not sign the loans on behalf of those institutions. So, this is something else that this Committee should look out for to make sure that we are not burdened by loans taken by SAGAs that can pay those loans. A case in point are the guarantees that we are now paying for Kenya Airways (KQ). There are some loans which are signed for by the national Government but are disbursed to county governments. This Committee needs to be seized of such matters. In the next report, those loans must be factored in. An example is the World Bank loan that is disbursed to my area by the name Development Response to Displaced Impact Project (DRDIP). The loan is appropriated in this House but utilised by county governments. This Committee must also look at those loans. When we look at the cost-benefit analysis of these projects, we must also be informed of loans that have been taken on behalf of county governments but are appropriated by this House. Other than those points, I agree with all the observations and recommendations by the Committee. I hope that the next report will be richer and informed by the observations made by Members. Hon. Temporary Speaker, I support."
}