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{
    "id": 91960,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/91960/?format=api",
    "text_counter": 330,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "Therefore, the country does not grow because there is an elasticity of investment in any organization. Some of these people who make a lot of profit end up spending it out of this country. We are yet to see money which is stashed out of this country being brought back. I do not know what the Office of the Deputy Prime Minister and Ministry of Finance has done to follow up the money stashed in foreign countries with international organizations. That money is being used to develop foreign economies when we are fighting here because of poverty. It is a concern that the Office of the Deputy Prime Minister and Ministry of Finance should address. The sale of parastatals should be done through the Nairobi Stock Exchange although we know that not people from all parts of Kenya are aware of this investment opportunity. There should be a way of redistributing these resources so that the majority benefit and the country develops economically. There is a lot of overlap of activities due to the large Government Ministries and Departments. There are programmes like the Kazi kwa Vijana and the ESP. We should organise them properly so that money is utilized properly. This should not be an avenue for people to make money. Madam Temporary Deputy Speaker, with regard to the East African Community (EAC), unless we make Kenya a friendly investment destination, we will lose investments to other countries. I have been talking about this and something should be done. We need a one stop shop somewhere in the Office of the Deputy Prime Minister and Ministry of Finance so that any investor who wants a licence for anything or brings his people to work here--- Let the Ministry have one department to serve those people. That is what other countries have done and a lot of investments are going there. This is especially our neighbouring countries which form the EAC. So, something has to be done. It is a concern I cannot stress further than this. I would like to talk about payment made to farmers. You know wheat farmers have been lucky this season. Last time we made a lot of noise in this House. As fate has it, Europe has no food for its people and so our farmers can sell them their wheat at a good price. So, we will not buy their wheat now. You need to create a fund which will cushion the farmers in future because you cannot know when there is surplus elsewhere. We should continue growing food crops so that we have food security in this country. We cannot rely on other countries to grow food for our people. Madam Temporary Deputy Speaker, with those few remarks I thank the Deputy Prime Minister and Minister for Finance."
}