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{
    "id": 1357383,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1357383/?format=api",
    "text_counter": 409,
    "type": "speech",
    "speaker_name": "Sen. Kisang",
    "speaker_title": "",
    "speaker": {
        "id": 2263,
        "legal_name": "William Kipkemoi Kisang",
        "slug": "william-kipkemoi-kisang"
    },
    "content": "Central Bank of Kenya (CBK) during the time of the takeover, was only Kshs93 million. The economy was pathetic. It was basically in ICU. When we were growing up, we would take Malariaquin whenever we suffered malaria. I remember in primary or high school, we used to be injected. If you did not get an injection, it was like you were not going to heal. The injection used to be painful. Since the economy was in ICU, it was dilapidated. Some painful decisions must be made to ensure we recover economically. That is why the Minority side is complaining because of the painful decisions that Kenya Kwanza Government is taking, so that we do not sink further. What would have happened if we were unable to pay Eurobond and other debts? The country would be declared as distressed and we would suffer even more. We would pay higher interest rates because of being declared in distress or default of paying our debt. It is good to accept that for that reason, let us bear these painful measures that have been taken. Within a year or so, we will recover fully and our people will enjoy life. The cost of living will come down. As you even saw yesterday, people expected the cost of fuel to go up. However, the prices of diesel and kerosene went down. The price of petrol remained the same. As the Vice-Chairperson of the Committee on Energy, we have been informed that within the next three months, prices will come down. Prices are still high because there is a high demand. It is winter in the Western counties and people are using a lot of fuel now. Mr. Temporary Speaker, Sir, there is conflict between Ukraine and Russia and between Palestinians and Israelis. The production of fuel has gone down and that is why fuel prices are generally higher. If you compare within the region, the cost of fuel in our neighbouring Tanzania, is higher than in Kenya. It is good to get the facts right. I wish to declare in this House that I am a farmer and I benefited from the subsidised fertilizer. We paid Kshs3,500 last year. This year, it has come down to Kshs2,500 and there is a bumper harvest across our region. In the North Rift in places such as Eldoret, Elgeyo-Marakwet and Kitale, the cost of a 90 kilogramme bag of maize has dropped from as high as Kshs8,000 to Kshs3,000. If we do simple mathematics, divide Kshs3,000 by 40 g orogoros and you get Kshs75 . A 90 kilogramme bag of maize is 40 gorogoros . That is why the President said the cost of a gorogoro is between Kshs60 to Kshs75. I believe it will still come down even though this cost of Kshs3,000 is not fair to the farmer. I know it is fair to the consumers, but not to the farmer because the cost of production is high. I believe it was wise for the President to subsidise production instead of subsidising consumption. Mr. Temporary Speaker, Sir, allow me to move to what the President talked about. In less than 12 months, the Kenya Kwanza Government employed 56,000 teachers, something which has never been done in the last 10 years. This is basically creating opportunities for our youth to earn a living and help their families."
}