Entry Instance

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

{
    "id": 193180,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/193180/?format=api",
    "text_counter": 165,
    "type": "speech",
    "speaker_name": "Mr. Kenneth",
    "speaker_title": "The Assistant Minister, Ministry of State for Planning, National Development and Vision 2030",
    "speaker": {
        "id": 167,
        "legal_name": "Peter Kenneth",
        "slug": "peter-kenneth"
    },
    "content": " Thank you, Mr. Temporary Deputy Speaker, Sir. I think we have a lot of learning to do! It is therefore important for the Budget to focus on what brought the violence. The economy of this country got a hit when the violence took place. Therefore, if there are land and Constitution issues, then they need to have been addressed in the Budget, so that Kenyans who are investing in business would know that the things that arose would never arise again. Mr. Temporary Deputy Speaker, Sir, if you look at some of the things that were adjusted in the Budget, including policies that were pro- the poor--- We need to come up with a mechanism that will ensure that the gains of a pro-poor policy are taken to the people, so that they can enjoy the benefits. As I speak, the price of bread has not come down. The prices of essential commodities have not come down. From what I see, unless we have a strong consumer lobby group, prices of certain essentials will not come down. It is very easy to issue a policy that is pro-poor, but unless we have an implementation mechanism, the prices will not come down. Mr. Temporary Deputy Speaker, Sir, four or five years ago, the Value Added Tax (VAT) was reduced from 18 per cent to 16 per cent. However, the two per cent benefit was not given to the people it should have gone to. Therefore, prices continued to remain the same. The Minister has proposed certain things within the Budget that will require the support of this House. It is very good for the Minister to allocate Kshs1 million to each constituency for football activities. I have been a Chairman of the Kenya Football Federation (KFF) in this country at a time when football was being played properly. I support that move because it will keep our youths busy. I also know that sports is a good business if it is well developed and nurtured. It can take care of our youth. Mr. Temporary Deputy Speaker, Sir, I have issues to do with the increase of basic capital in banks. I also have issues to do with the capital markets. I am a believer that you do not bring punitive measures by way of increasing capital. You need to enhance the regulatory framework!"
}