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{
    "id": 1439473,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1439473/?format=api",
    "text_counter": 783,
    "type": "speech",
    "speaker_name": "Kabondo Kasipul, ODM",
    "speaker_title": "Hon. Eve Obara",
    "speaker": null,
    "content": " Thank you very much, Hon. Temporary Speaker for giving me the opportunity to add my voice to the debate. We know that the Consolidated Fund receipts are derived from our domestic and external resources. These resources come from taxes collected by the Kenya Revenue Authority (KRA), which is the principal tax collection agent for the Government. The revenue collected is then remitted to the Consolidated Fund. The issue of mismanagement of our resources has been with us for many years. In 2013, the Government of the time came up with a comprehensive list of institutions that had borrowed so much money and were insolvent. As we speak today, these institutions still exist and continue to consume funds without generating any results. I support the Committee’s Report. In the Report, Kenya has a clear policy on how to manage overdraft facilities. These organisations, Kenya Airways included, have borrowed against the policy but have not received any sanctions. Nothing is happening to them. So, I am happy to see the Committee’s recommendation that the National Treasury should submit regulations to the National Assembly within 30 days of the adoption of this Report on the overdraft facility. This is the right thing to do but these policies are already there. Hon. Temporary Speaker, you have been in service for many years and know that these policies exist and we just need to polish them. However, year in, year out we are still talking about the same thing. I hope that this time we are clear about what is happening. The Committee talks about reviewing all expenditures. We have performance contracts in this country and every quarter, agencies are supposed to review their expenditure in line with the budget they submitted. Again, we are still talking about the same thing yet these provisions are laid down. Policies on how to make organisations more efficient and prioritise expenditures that The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}