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{
    "id": 364521,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/364521/?format=api",
    "text_counter": 289,
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    "content": "baby called “devolution” is their baby. We are telling them that they are wrong. Devolution is not a choice. It is in the Constitution and owned by the Kenyan people. It is not owned by a political party. It is not owned by the governors or by any leadership of any standing. As a House, ours is to make sure that we create the necessary infrastructure in terms of legislation to make sure that devolution is achieved both in the letter and the spirit for our people to gain. I want to thank the Budget and Appropriations Committee chaired by my good friend and a man that I respect, Reverend Mutava Musyimi. It is the new Constitution that gave this House the powers to do the formulation and the discussion. That mandate is the one that made each and every Committee of this House to make a submission to the Budget and Appropriations Committee. They have indicated that they have worked long hours to make sure that they meet the deadline. Article 221(4) and (5) of the Constitution specifically gives Parliament the ownership in the Budget-making process. So, what we are doing is an assignment derived from the Constitution. This is a very unique year where elections were held in March, but ideally, the Budget-making process must start and be completed within a period of ten to 11 months. So, we expect that the Budget and Appropriations Committee, the National Treasury and Parliament will get the ten to 11 months in the law within which this Budget must be completed. Article 114 of the Constitution also gives the relevance under the money Bill that gives Parliament the powers to consult and work with the National Treasury and the Cabinet Secretary in charge of the National Treasury. The Budget Estimates and the Public Finance Management Act, 2012, were followed to the letter by the Budget and Appropriations Committee. This Committee, in its wisdom, and the House in general, if they feel that we need to change some sections of the Public Finance Management Act in order to put it in line with the long-term, short-term and the Medium-Term Estimates review, then that can be done. I want to look at one very important thing that this Committee has done. It has shown the National Treasury the priority areas. They have focused on the youth. Again, they have said that the youth fund must be restructured. The youth fund is just moribund. Mr. Speaker, Sir, commercial banks are making money out of the Youth Enterprise Development Fund (YEDF) when our young people are out there jobless. This Committee has made a serious recommendation on the restructuring and access of these funds. The Committee has recommended to the National Treasury and more so to the Cabinet Secretary for Devolution and Planning, and I hope Madam Anne Waiguru is listening to me, that these intermediaries or these banks which are holding billions of shillings lying to our young people, this year it must cease. This money must go to SACCOS. The money should go to where our young people can access it. We want to see this money in our constituencies. When you put billions of shillings in Equity Bank, Barclays Bank and other commercial financial institutions you are only raising the liquidity ratio of those banks and at the end of every financial year the banks will claim that they have this and that amount of deposits. These are deposits from the Government that do not help our young people. Of course, this Budget highlights the Jubilee Manifesto. There are issues of free maternity, the training of teachers to handle the laptops and so on. In three months, there are thousands of kids who are now called “Uhuru Kenyatta”. It is not because the mothers"
}