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{
    "id": 838552,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/838552/?format=api",
    "text_counter": 219,
    "type": "speech",
    "speaker_name": "Mathare, ODM",
    "speaker_title": "Hon. Anthony Oluoch",
    "speaker": {
        "id": 13425,
        "legal_name": "Anthony Tom Oluoch",
        "slug": "anthony-tom-oluoch-2"
    },
    "content": "The question which perhaps will arise is, with the stringent budget that this country is grappling with, like recently the Value Added Tax (VAT), where will we get the funds? Hon. Temporary Deputy Speaker, the first stop where this House should find money to fund this statutory fund is the provisions of the Sports Act. The Sports Act under sections 12 to 29 establishes what it calls the Sports Fund. You have seen recently an attempt by the National Treasury to take this fund. I persuade Members of this House that we resist. Let me rephrase. I want to persuade this House to decline any invitation by the National Treasury to take away the Sports Fund, which will benefit largely the youth, to where we do not know the manner and mechanism in which it will be used. The second issue is we have seen attempts and a draft legislation to try and reduce the gaming tax and money that we get from sports lotteries from 35 per cent to 15 per cent when we are looking for simple taxation money to try and pay our petroleum. So, in this very question of the Sports Fund, I will be proposing that this fund be removed from the Sports Act and be put into the Bill that we are going to propose here. The same should go into funding youth activities, youth employment, sports academies, polytechnics and skill acquisition training centres. The other point because this issue will arise as to whether this is a money Bill is where we are going to plug and get this money. It is a matter of public knowledge and notoriety that we lose 30 per cent of our Budget through corruption. That is a statement that can neither be overemphasised nor gainsaid. I just want to point out a few things. I am not a good statistician or mathematician or what my good friend, KJ, says are people who did double maths. I, perhaps, was doing maths through the window. In my rudimentary calculation, 30 per cent of budget money that we lose translates to about Kshs1.7 trillion. The money that we will be looking for in terms of 5 per cent… I want to say the 30 per cent is not cast in stone. I have been persuaded by Members, including my good friend Marwa from Kuria that this should be benchmarked at, at least, 2.5 per cent and the money model structured, run and administered in the same model as the NG-CDF with committees at the constituency levels. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}