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{
    "id": 146417,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/146417/?format=api",
    "text_counter": 369,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "Mr. Temporary Deputy Speaker, Sir, the other point that the Minister needs to consider is to refund VAT as soon as possible. I want the Minister to think about local contractors. I said that earlier in another forum and I do not think it was taken seriously. We have seen local contractors being phased out and, in their place, being replaced by multinational contractors. Those multinational contractors are being supported by their Governments and their bank rates are very low. So, when we pit our own local contractors against the multinational contractors, all this money; Kshs140 billion that is going to infrastructure development, will be taken by foreign countries. We will only be left with infrastructure development. We can be able to support local contractors and set a ceiling that says: “Below this ceiling, multinational contractors cannot take these jobs from Kenyan contractors”, so that we are able to develop capacity to do our own infrastructure development in future as Kenyans. When those monies remain in our country as profits to our local contractors, they can go into other economic activities and, therefore, we expand our economic base. So, we are able to raise even more taxes and we are a better off country."
}