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"speaker_name": "Hon. Katoo",
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"legal_name": "Judah Katoo Ole-Metito",
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"content": "Thank you, hon. Temporary Deputy Speaker. I beg to move that the Public Finance Management ( Uwezo Fund) Regulations, 2013 be read the Second Time. I want to propose that the Temporary Deputy Speaker do now leave the Chair to enable me to move this Motion. I want to ask Members to pay attention because this is a very important Motion that we are embarking to discuss. I want to say that the Uwezo Fund stems from the pledge that His Excellency the President made to allocate Kshs.6 billion that was meant for the presidential run off to youth and women groups. Following this, the National Treasury allocated and Parliament approved a sum of Kshs.6 billion towards this Fund in the budget covering the Financial Year 2013/2014. His Excellency the President, who is the national champion and the overall patron of Uwezo Fund, officially launched it on 8th September, 2013. The objectives of this Fund are three; one, is to expand access to credit that will promote youth and women businesses and enterprises at the constituency level and this will enhance economic growth towards realization of the goals of vision 2030. Secondly, this Fund is meant to generate gainful employment for the youth."
}