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{
    "id": 685343,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/685343/?format=api",
    "text_counter": 193,
    "type": "speech",
    "speaker_name": "Hon. H.K. Njuguna",
    "speaker_title": "",
    "speaker": {
        "id": 1508,
        "legal_name": "Humphrey Kimani Njuguna",
        "slug": "humphrey-kimani-njuguna"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker. To the extent that this Bill shall improve the financial management of this country, I support it. How you manage the public sector has a lot to do with the economic growth and development of any nation. I am reminded that in 1963, Kenya and Malaysia were at par in terms of economic growth and development. However, 40 years later, Malaysia is three times the economy of this country because their financial sector is managed in a very transparent and accountable way. There has been social and economic justice to the populace of Malaysia. To the extent that this Bill seeks to improve revenue collection in this country and by extension financial management of the same, I support it. I would like to comment on two areas. Clause 14 of the Bill talks about taxes on real estate. This is an area I have a lot of interest in given the fact that I was the former Chair of the institution of surveyors in Kenya way back in 2000. It is an area I can professionally comment on. Just like one of the Members said here, we should develop a proper and sound housing policy that will see this country navigate itself into the future. 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."
}