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{
    "id": 245323,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/245323/?format=api",
    "text_counter": 238,
    "type": "speech",
    "speaker_name": "Mr. Munya",
    "speaker_title": "",
    "speaker": {
        "id": 279,
        "legal_name": "Joseph Konzolo Munyao",
        "slug": "joseph-munyao"
    },
    "content": "Mr. Deputy Speaker, Sir, this year's Budget Speech was a good one. The measures introduced are good and intended to promote further growth in the economy. I thank the Minister for that. I also thank him for remembering the youth of this country who have been forgotten for a long time. However, there are two issues that the Minister proposed that are of concern to me. The issue of refunding pension money to people who are moving out of this country gives an impression that we are encouraging people to move out so that we can give them money. This is contrary to the fact that those who remain in the country; even if they lose their jobs and get sick, cannot access their pension. That is not good and I expect the Minister to look into that matter. It will be very difficult for us to pass that as law. Mr. Deputy Speaker, Sir, the other issue which concerns me is that of the third party insurance. The compensation amount has been limited to Kshs3 million. It is a pity that if you are involved in an accident and you go to a hospital for treatment and your medical bill goes beyond Kshs3 million, the insurance company will not help you pay it, yet you were in a car that was insured. That is another bad measure that is going to hurt the poor. The Minister needs to look into it. An insurance policy is a contract between a company and an individual. Therefore, I do not see why the Government would want to interfere by determining how much a person is to be compensated. The Minister is trying to interfere with the cheapest insurance cover that is usually accessed by the poor. That, again, will hurt the poor. It is not intended to bridge the gap between the rich and the poor, yet from the outset the Minister said that his Budget intended to do so. This is an issue that is going to give us problems when it comes to passing the Budget. Some of us are reluctant to support this measure. But, by and large, this Budget is good. I applaud the idea of continuing to privatise our parastatals through issuance of shares to the public. Previously, privatisation was simply intended to give our resources to foreigners. Now that Kenyans seem to be very eager to invest in our State Corporations, we should continue to give them a chance to do so. Mr. Deputy Speaker, Sir, I applaud the Minister for introducing measures to reduce spending by the Government. With those few remarks, I beg to support."
}