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{
    "id": 1586043,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1586043/?format=api",
    "text_counter": 450,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr) Ojiambo Oundo",
    "speaker": null,
    "content": " Hon. Temporary Chairman, let me also join my colleagues in this debate of zero-rating and tax exempting. As for now, the purported proposal by the National Treasury to move from zero-rating to tax exempt would have automatically resulted in some minimal price increases. At this point in time, this would have been a very bad decision in view of the prevailing economic circumstances. Again, when you meet many traders and business people, they want some element of consistency and predictability. I totally agree that these tax expenditures might not necessarily benefit the end consumer. Eventually, we must find a way of putting a timeline on when this transition from zero-rating to exempt will happen. That way, everybody will know that after two to three years, this is will happen. These sudden changes are very disruptive. As my colleagues have said, and let me throw this to the Committee, we need to start a process that can be predictable over time, outlining how the changes are going to be effected in different years so that everybody prepares adequately. Thank you, Hon. Temporary Chairman."
}