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"speaker_name": "Hon. (Eng.) Gumbo",
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"legal_name": "Nicholas Gumbo",
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"content": "Hon. Temporary Deputy Speaker, responsible management of all our financial resources, whether domestic or external, will necessarily require that we design an ambitious way of fiscal reporting. This has been a problem because the way we deploy our resources has always shown a total lack of clarity when it comes to fiscal reporting. My view is that our country will develop faster if we remove barriers to accessing credit. All the countries that have developed--- One of the countries that is used as a model in the world shall always be Singapore. If you look at the Singapore model, you will find that they did that by making credit accessible to most Singaporeans. I also think that time has come when Kenya must seriously think about establishing and creating a financial centre of repute here in Nairobi. Of course, that would necessarily mean fundamental re-organisation of the Nairobi Stock Exchange and re-looking at our domestic bond market and the money market in general. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}