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"id": 523331,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/523331/?format=api",
"text_counter": 164,
"type": "speech",
"speaker_name": "Hon. (Ms.) Kanyua",
"speaker_title": "",
"speaker": {
"id": 981,
"legal_name": "Priscilla Nyokabi Kanyua",
"slug": "priscilla-nyokabi-kanyua"
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"content": "On Clause 141 on the question of interest, which is again a very worrying situation for us here in Kenya, all of these contracts are based on taxpayer’s money. I think as a Legislature we can say that there will be no interest earned because any interest earned does not punish the body but rather punishes taxpayers who need a second project tomorrow. I think we need to look at this question of interest so that even if the contractor is owed money, that money should not attract any interest. Any interest attracted on that money remains taxpayers’ money. We are saying, if you look at issues of Level 5 hospitals we want to create a Level 5 hospital in every county. If there is delay in County “X” and the contractor is paid interest what that means is that County “Y” cannot get the Level 5 hospital because the little money that we have, we are using it to sort out contractual issues. So, as a Legislature, we can afford to say that we will not pay interest so that we build one Level 5 hospital and move to another Level 5 hospital in another county. I think we want to look at Clause 141 on that question of interest."
}