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{
    "id": 1410599,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1410599/?format=api",
    "text_counter": 111,
    "type": "speech",
    "speaker_name": "Ainabkoi, UDA",
    "speaker_title": "Hon. Samuel Chepkong’a",
    "speaker": null,
    "content": "particularly the procurement component; improving health services and delivery, and improving the monitoring capacity of the Government and civil society organizations. Hon. Deputy Speaker, in December 2019, the Millennium Challenge Corporation (MCC) Board selected Kenya based on improved performance on the control of corruption indicator. In January 2020, the MCC Chief Executive Officer (CEO) visited Kenya and launched the programme. Between March and October 2021, the Government and MCC conducted an economic constraint analysis to understand the causes and issues underlying the binding constraints to be targeted. Opportunities were identified and defined within that mission that visited Kenya. The programme will utilise blended financial interventions that will mobilise private capital and investment around MCC targeted sectors. Two major constraints were identified by that mission. One, the crowding out and its limits in financing the private sector, particularly to vulnerable micro, small and medium enterprises. Two, the limited connectivity that undermines productivity in urban areas, especially within Nairobi and its environs, which are considered to be the engines of Kenya’s development growth. Since the Government was already working with the International Monetary Fund (IMF) on various programmes to address the first constraint, it was agreed that the MCC would support interventions in addressing the second constraint. In March 2022, the MCC Board of Directors approved US$60 million threshold programme grant for Kenya, which sought to improve urban connectivity in Nairobi. It included projects to support integrated transport planning, non-motorised transport, land use policy and blended finance for the Bus Rapid Transit (BRT) system. To support greater inclusivity in Nairobi transport system, the programme sought to substantially improve the mobility and safety of pedestrians. It was noted that this category of people comprises the largest and poorest segment of Nairobi commuters. It is estimated that about 2.5 million people use non-motorised highways. To create safer and more visible transportation choices for women, the Fund intends to ensure that women travel in a safe environment. I hope that the County Woman Representatives are listening to this. The Government of Kenya and the MCC concluded negotiations in August 2023. The threshold grant programme was signed on 19th September 2023 on the side-lines of the United Nations (UN) General Assembly in New York City. Hon. Deputy Speaker, we scrutinised the Regulations against the Constitution, the Public Finance Management (PFM) Act, 2012; the Statutory Instruments Act, 2013; and the Interpretation and General Provisions Act (CAP. 2). We are satisfied that these Regulations substantially comply with the laws that I have just mentioned. In conclusion, it is intended that if this programme is implemented in accordance with the grant agreement, Kenya will qualify for the next grant, which is about US$600 million. It is, therefore, incumbent upon the Board that will be established by these Regulations to ensure that they comply with the conditions that are provided in the grant agreement. I request this House to approve the Public Finance Management (Kenya Millennium Development Fund) Regulations, 2024, published as Legal Notice No.51 of 2024 in accordance with Section 24 (4) of the Public Finance Management Act (No.18 of 2012), subject to the regulations-making authority publishing a corrigendum to correct the minor errors that are appearing in Regulations 11 and 16. Hon. Deputy Speaker, I beg to move and request the indomitable Member for Kilifi North, who is also the Deputy Leader of the Majority Party, Hon. Owen Baya, to second."
}