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"id": 1461991,
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"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": " Thank you, Hon Speaker. Having watched the proceedings of the vetting exercise, I applaud you. We learnt a lot from you as you chaired the Committee. You gave everyone a chance to be heard. You allowed the nominees ample time to elaborate on the questions they were asked. You also allowed Members to ask questions. I want to single out CPA Hon. Mbadi, the Cabinet Secretary nominee for the National Treasury and Economic Planning. The Departmental Committee on Finance and National Planning will work very closely with him. One of the issues that were raised during public participation on the Finance Bill, 2024 was the possibility of considering various ways of ensuring that we have a predictable tax environment to ensure that we do not cripple our economy, while financing our budgets. This time round, we need to separate the various statutes instead of having one omnibus Finance Bill. Perhaps, he and his team need to craft a Tax Procedures (Amendment) Bill, an Income Tax (Amendment) Bill, a Value Added Tax (VAT) (Amendment) Bill, an Excise Duty (Amendment) Bill and a Miscellaneous and Fees (Amendment) Bill. That way, Kenyans will have ample time to deliberate on these matters separately. Many of us are not tax experts. So, the confusion that came about led to the aftermath of the Finance Bill, 2024. I would like to congratulate Dr Margaret Nyambura as a nominee from my home County of Nakuru and Engineer Eric Murithi, who is going to be the youngest cabinet secretary. His nomination means that the President has space for young people and he is willing to mentor them to be great leaders in this country. Allow me..."
}