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{
    "id": 1592099,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1592099/?format=api",
    "text_counter": 456,
    "type": "speech",
    "speaker_name": "Kilifi North, UDA",
    "speaker_title": "Hon. Owen Baya",
    "speaker": null,
    "content": "CDF) today, we do not get all the money. Probably, the money was swept and used to pay a debt of money that was lying in an account of an MDA that has been utilised. That is bad manners and we need to stop it. Secondly, 89 per cent of the Consolidated Fund Services is projected to … I do not want to go to that. However, I have interesting points here that I want to speak on. According to reports, the government has not effectively harnessed non debt financing options that includes grants. At times our bilateral and multilateral partners would rather give us grants than loans. However, the people who go out there to negotiate for money prefer loans. Probably, there is a negotiation fee for those loans. I may not know. Why can we not look at non debt financing that includes grants? We have a lot of money now in climate financing and concessional funding. We saw the Nairobi Expressway being built. We did not take a loan for the Nairobi Expressway but somehow it was built and motorists are paying to use it. Sometimes the people we entrust to go out there and source for funds prefer loans instead of non-loan financing options. Before the Government of Kenya commits to a loan, the question that must be asked is whether there was an alternative option. Could there have been a non-loan funding? Would there have been … Hon. Deputy Speaker, kindly, give me a little more time. I have a lot of things that I want to talk about. Add me four minutes. Important things must be said on this matter."
}