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"type": "speech",
"speaker_name": "Kikuyu, JP",
"speaker_title": "Hon. Kimani Ichung'wah",
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"legal_name": "Anthony Kimani Ichung'Wah",
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"content": " Thank you, Hon. Speaker. I appreciate the concurrence from the National Treasury. As I rise to support the Finance Bill, I have reservations and I hope Hon. Jude Njomo will speak to some of the reservations again that the National Treasury has expressed, especially on the proposed amendments on the Banking and Capping Law, in relation to the provision that 10 per cent of all monies be set aside for lending to Small and Medium-sized Enterprises (SMEs). I have had occasion to read the reservation by the National Treasury. It does not make sense to me because we, as a House, are not saying that 10 per cent must be lent to particular SMEs. The proposal by Hon. Jude Njomo is to set aside that 10 per cent and leave it to the banking sector to decide amongst the pool of SMEs, who qualifies to be lent that money."
}