Entry Instance

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

{
    "id": 1567802,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1567802/?format=api",
    "text_counter": 284,
    "type": "speech",
    "speaker_name": "Sen. Cheruiyot",
    "speaker_title": "The Senate Majority Leader",
    "speaker": {
        "id": 13165,
        "legal_name": "Aaron Kipkirui Cheruiyot",
        "slug": "aaron-cheruiyot"
    },
    "content": " Thank you, Madam Temporary Speaker. I want to appreciate the opportunity to do this. I beg to move that the Business Laws Amendment Bill (Senate Bills No.52 of 2025) be now read a Second Time. I have moved many Bills in this House, but none may prove to be as consequential as this particular Bill, in light of the challenges that this country continues to face today. We speak so often about the debt distress that Kenya finds itself in and the need to live within our means. One of the challenges that we have is that we can talk about the reduction of the fiscal deficit, we can ensure that we are compliant to the tax to GDP ratio, but one of the conversations that we do not have and which is the one silver bullet that can resolve all these challenges, is how to grow the national cake and ensure that there is significant growth in every sector of the economy to a point that there will be sufficient for everybody to share. The answer to our debt problem is a strong economy that will support repayment without clouding out other development programmes. The reason for the high taxation that many members of the public continue to complain about is because we are over- reliant on a very small population. There is a very small population that carries a larger part of the tax burden in the country. Therefore, we must continue to think and find ways in which we are going to grow the national cake to make our country more competitive. The World Bank released a report this week. I do not know how many people found time to follow that particular discussion, and this is part of the advice that they gave to Kenya: For Kenya to regain its competitiveness, we need to make amendments to ensure that where we have lost sight of growing the various sectors of our economy, we refocus and repurpose and make this country fit for purpose for the 21st century, of an economy such as the one that we run. Madam Temporary Speaker, it will be important to note that while there is good progress and growth to be reported, real growth is yet to be measured and realized. It will only be measured and realized when the ordinary person begins to appreciate the interventions that are being made and see a direct correlation between the policies that are being made and their life. 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."
}