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{
    "id": 193407,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/193407/?format=api",
    "text_counter": 206,
    "type": "speech",
    "speaker_name": "[Prof. Kamar]",
    "speaker_title": "",
    "speaker": {
        "id": 33,
        "legal_name": "Margaret Jepkoech Kamar",
        "slug": "margaret-kamar"
    },
    "content": "I think it is very important that we agree that if we are going to increase this money, we should not increase it for a bank, or an institution that is going to enjoy it and leave our youth and women in the same poverty, if not more. An interest rate of 20 per cent is a rip-off! It is meant to suck whatever else one has. So, it is my strong suggestion that as the Minister increases the allocations to these Funds, the money should never go through the same channel it went through last time. I will, in fact, be requesting the Minister to account for what was sent out previously. It is very important that we know how it was used. Some youths were given funds at five per cent while others got it at eight per cent. Where was the balance and the imbalance? Who made the decisions? I think those are issues that we need to address. Finally, Mr. Speaker, Sir, when it comes to re-distribution of projects like the processing plant, I think it is very important that we change the way we do our budgeting in future. We need to do a proper identification of what projects are going where. An hon. Member has already mentioned the fact that Kajiado is the home of livestock, and we are talking of a tannery being built in Nairobi? What is it going to do in Nairobi? Already we are talking of West Turkana District, where Italians are ready to deal with the processing of leather at their own cost, yet it is not mentioned in this Budget. Mr. Speaker, Sir, if we are not going to support the Turkana farmers, the Italians will come and do it. They want finished products as far leather processing is concerned. I think we need a budgeting process that enables this House, through the relevant committees, to look at the Budget itself and discuss with the Ministry of Finance before it is brought here. Mr. Speaker, Sir, I beg to support, but we must look at how some of these allocations are done. Thank you."
}