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"id": 1353388,
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"type": "speech",
"speaker_name": "Kipipiri, UDA",
"speaker_title": "Hon. Wanjiku Muhia",
"speaker": null,
"content": " Thank you, Hon. Deputy Speaker, for allowing me to add my voice to this matter. I once said in this House that we need to re-look at the Public Finance Management (PFM) Act. We may need to amend the Act so that anytime the country decides to borrow funds, the House analyses and debates the amount of debt to be incurred. That will require experts who advise the Government on borrowing to be professional and patriotic. You will see several buildings if you travel by the Standard Gauge Railway (SGR) from Nairobi to Mombasa, I am not sure whether they are offices or houses, but they are not in use. The SGR debt arose from funds that were not wisely spent, but were misused. If the House had had an opportunity to discuss the SGR debt, instead of our country incurring a debt of several billions of shillings, we would have said that we do not need many offices as Members, representatives, and custodians of the people's interests. Due to their appetite for money, lenders give us any amount of money that we ask for, we sign off on it, and end up paying back too much if we are not careful, keen, and patriotic."
}