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{
    "id": 808301,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/808301/?format=api",
    "text_counter": 230,
    "type": "speech",
    "speaker_name": "Nominated, ODM",
    "speaker_title": "Hon. (Prof.) Jacquiline Oduol",
    "speaker": {
        "id": 13514,
        "legal_name": "Jacquiline Adhiambo Oduol",
        "slug": "jacqueline-adhiambo-oduol"
    },
    "content": "I support this Bill. I want to point out that we have increased the levy on mobile money from 10 per cent to 12 per cent. We know that we have a large informal sector in this country where a lot of people do not access traditional banks and lending. Increasing tax on mobile money will greatly affect this group. Although we want to borrow money and have external debt from the International Monetary Fund (IMF), we need to look at the effect and implication of increasing tax on mobile money. I am aware, as most Kenyans are, that the IMF has been pressing Kenya to do away with tax exemption to increase revenues, reduce budget deficits and slow down debt. As representatives, we do not want to have a situation where there is an increase in petrol taxes. For example, if we get a 16 per cent increment at the fuel pump, it will affect transport and the livelihoods of the most vulnerable."
}