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"id": 218009,
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"type": "speech",
"speaker_name": "Mr. Kimunya",
"speaker_title": "The Minister for Finance",
"speaker": {
"id": 174,
"legal_name": "Amos Muhinga Kimunya",
"slug": "amos-kimunya"
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"content": "Mr. Speaker, Sir, I now turn to taxation proposals. The rest of my speech outlines the various tax policies and administrative measures that I intend to propose through the Finance Bill, and other regulations to be tabled in this House. I, therefore, request that the remainder of my June 14, 2007 PARLIAMENTARY DEBATES 1837 speech be regarded as a notice of a Motion to be moved before the Committee of Ways and Means. As was the case last year, these measures are grouped on the basis of their intended objectives. Overall the measures I am proposing are targeted, not at raising net revenue, but at doing the following: One, is to promote business competitiveness and making imports affordable. The second set of measures is to deepen our East African Community regional integration. The third set of measures is to promote equity and enhance access to medical care and higher education. The fourth set of measures is to promote agricultural development and environmental conservation. The fifth is to promote housing development. The sixth is to encourage development of the capital market. The seventh is to deepen reforms for the retirement benefits, and the eighth is to ensure safety on our roads. Mr. Speaker, Sir, on business competitiveness, the Government remains fully committed to creating an enabling environment for private sector growth and development. The following measures that I am proposing here are, therefore, aimed at facilitating the growth of business and expanding employment opportunities, while making domestic and imported goods affordable to Kenyans. Mr. Speaker, Sir, battery recycling plants in our country have been experiencing shortages in supply of used batteries, a key input in their manufacturing process. These shortages, which have been occasioned by increasing exports of used batteries, have consequently forced some industry players to scale-down their operations resulting in job losses. To discourage the exportation of used batteries and to protect jobs in the battery recycling plants, I propose to impose an export duty of 20 per cent or Kshs10 per kilo on used lead acid batteries."
}