Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1478604,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1478604/?format=api",
    "text_counter": 254,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "I am intending to have regular media briefings to just highlight and inform the public on what we are intending to do as well as listening to the public. Then we will carry forward only those proposals which find favour with the majority of Kenyans. Mr. Temporary Speaker, Sir, I end my submission on that aspect by saying that, unlike previously, going forward, my Ministry will be explaining publicly every proposal that we contain or carry in the Finance Bill. One of the biggest challenges that faced the Finance Bill, 2024 was the fact that there was no proper communication from the National Treasury on these proposals. This included the Motor Vehicle Tax which no one from the National Treasury came out to explain. I am giving a commitment that any proposal that we will put forward to Parliament on tax changes or any other financial issue, will be properly explained. The second issue which I will quickly go through was whether the Government has assessed the economic impact of the demonstrations in terms of loss of revenue as well as the number and value of businesses and other properties that were vandalised and or looted; and if so, whether my office could highlight the findings of the assessment. My response is as follows: The demonstrations affected businesses and industries. In major cities, businesses were closed and some were destroyed. This affected revenue collection. The demonstrations led to the withdrawal of Finance Bill, 2024, resulting in revenue loss and, therefore, a financing gap of approximately Kshs344.3 billion in the financial year 2024/2025. Mr. Temporary Speaker, Sir, in the months of July and August, 2024, because the last demonstration that we saw was on 8th August, ordinary revenue collection is lagging The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}