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{
    "id": 509197,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/509197/?format=api",
    "text_counter": 280,
    "type": "speech",
    "speaker_name": "Hon. Aden",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Let us come home and analyse the Sessional Paper No.14 which has been given to us, hon. Speaker. I do respect your earlier ruling very much on the issue of constitutionality which was raised by hon. Mbadi. I agree that whilst it might not have been the work of the Treasury to seek public participation, I feel that under Article 201 of the Constitution, just like when Treasury presents to us the Budget Estimates, this House or the Committees of this House subjects the same to public scrutiny. For that reason, I am not sure whether the ruling you made earlier was that Treasury is not involved in the process of public participation. Under prudent financial management, as per the Constitution, the Committees in this House should have subjected the same to public scrutiny. This Sessional Paper asks us to raise the foreign debt ceiling from the current Kshs1.2 trillion which has already been utilised to the extent of Kshs1.045 trillion, in addition to a domestic debt of Kshs1.26 trillion which has also been incurred by this country. I want to make a fundamental correction to the conclusions by the Committee and on this Sessional Paper. It is misleading to say that, that is 46 per cent of our current Gross Domestic Product (GDP). It is, indeed, 49 per cent of our GDP. So, on this Sessional Paper as it is, the Committee’s resolution is itself misleading Kenyans to say the debt ceiling is 46 per cent. I wonder whether that was deliberately done just to show that we are still in compliance with the regional requirement of being below 50 per cent. 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."
}