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{
    "id": 1405266,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1405266/?format=api",
    "text_counter": 107,
    "type": "speech",
    "speaker_name": "Ainabkoi, UDA",
    "speaker_title": "Hon. Samuel Chepkong’a",
    "speaker": null,
    "content": " Hon. Speaker, I beg to move the following Motion: THAT, this House adopts the Report of the Committee on Delegated Legislation on its consideration of the Public Finance Management (Kenya Millennium Development Fund) Regulations, 2024, laid on the Table of the House on Tuesday, 23rd April 2024 and, pursuant to the provisions of Section 24(4) of the Public Finance Management Act, 2012, approves the Public Finance Management (Kenya Millennium Development Fund) Regulations, 2024 (Legal Notice No.51 of 2024) subject to publishing a corrigenda to correct the minor errors appearing in Regulations 11 and 16. Hon. Speaker, the Committee considered these Regulations, which were tabled in the House and forwarded to us for consideration. The National Treasury appeared before the Committee and took us through the Regulations. The import of these Regulations is to establish the Kenya Millennium Development Fund (MDF), which is to be charged with the responsibility of receiving funds from the Millennium Corporation of the United States of America (USA) worth about US$60 million for certain functions to be performed within Nairobi County and its environs. The objects of the Regulations are intended to: 1. Provide better multi-modal transport system planning for Nairobi. 2. Improve connectivity and provide safe access to the mass public transport system in the targeted areas of Nairobi. 3. Clarify land use and development control policy in Nairobi in order to facilitate the construction of non-motorized transport infrastructure. This policy was first initiated in 1948 and it has not been revised. The grant being given to the Kenyan Government is intended to revise the policy that was put in place in 1948. 4. Catalyze financing required for the implementation of the Rapid Transit System (RTS) in a manner that promotes lower greenhouse emissions."
}