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{
    "id": 1511365,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1511365/?format=api",
    "text_counter": 441,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr) Ojiambo Oundo",
    "speaker": null,
    "content": " I am happy about the infrastructure bond. You were going to kill this economy by imposing taxes on infrastructure bond. The Permanent Secretary claims that Kenya has no physical capacity or space to undertake any mega project. The only way we can raise money for such projects is through other means like the bonds. Even in Public-Private Partnership (PPP), they are going to raise funds to do these activities in the money market. And therefore, the moment you impose higher taxes, you are simply killing and retarding this economy. Allow me to go to a very fundamental issue. The Committee and Mheshimiwa Kiplagat raised the issue of excessive taxes on building materials. The cost of a house, whether it is affordable, social housing or normal housing, all depends on the cost of materials in addition to other costs like that of land, labour, finance and so on. The proposal that had been placed under Clause 25 to increase the cost of imported ceramic sinks, wash basins, wash basin"
}