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{
    "id": 1352690,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1352690/?format=api",
    "text_counter": 2450,
    "type": "speech",
    "speaker_name": "Navakholo, ODM",
    "speaker_title": "Hon. Emmanuel Wangwe",
    "speaker": null,
    "content": "We are talking about our debt portfolio being Ksh10.5 trillion. This money is congesting that space because we have figures on paper. We want the Executive to implement it as planned. Another issue which caught my attention is the programme on promotion of entrepreneurship and employment. The Centre for Entrepreneurship has borrowed Ksh3.55billion. For what cause? This is meant to address issues of youth unemployment so that they use the skills they have acquired in universities to earn a living. Instead, the Report is showing that the resources are undisbursed. Therefore, the Executive has a good cause, but disbursement of resources is taking a whole year. For both cases, the debt was signed in December 2022 by the Government of Kenya together with the Federal Republic of Germany. This is a good cause but why is there no implementation? That is where we come in. It is high time Parliament took its position to fully oversee the Executive and put it to account. The President has delivered by signing the concessional loans. What is the Cabinet Secretary for Agriculture doing that is keeping this money from being disbursed? The activity should be there so that the National Treasury can disburse resources. Therefore, we should put the Cabinet Secretaries to task so that they can do their work and deliver. Hon. Temporary Speaker, I served with you in the 12th Parliament and you will agree with me that such Reports were not there. We never used to discuss them. So this is a golden opportunity. We need to go a notch higher and say we will not only discuss reports in this House... Let the Executive, when signing these concessions, get notes from Parliament. Papers should not be dropped to Parliament if they have not been conceded to. This is a step in the right direction. The country can move to the next level. Looking at Article 114 (3) of our Constitution 2010. It talks about receipts of public resources. We need to go a notch higher and say before we receive these resources, Parliament should have a say. The Committee can now sit down and dissect two things: the Report we discussed yesterday on the Consolidated Fund System (CFS) and the one we are discussing today. This means, Kenyans can now access the right information. They need not rely on hearsay. We have the right information so we can discuss and debate using the figures given. We can tell Kenyans that, indeed, we have over-borrowed or are borrowing for x,y,z cause. I see Parliament growing. It is legislating well and performing its oversight of the Executive. Further, to what I have said, we should not just be receiving reports. My suggestion to the Committee is we have this as an annual statement despite releasing the quarterly reports. We ought to dissect and monitor the various loans the Government has borrowed within a fiscal year. I support the Report."
}