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"type": "speech",
"speaker_name": "Sirisia, JP",
"speaker_title": "Hon. John Waluke",
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"legal_name": "John Waluke Koyi",
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"content": " Thank you, Hon. Deputy Speaker. I want this House to know that the deficit has increased. Members should support this Motion because it is important. It is important to note that we pay a lot of money for food and machinery imports. We have slow movement of exports as a country. In 2018, this country’s exports were worth Kshs612.9 million while imports were worth Kshs1.760 billion. The trade balance is negative Kshs114.7 billion. The account worsened to negative Kshs441.8 billion in 2018 from negative Kshs43.6 billion in 2016. We are spending more than we get from outside. The overall balance of payment declined from 16.9 billion in 2017 to -105.8 billion in 2018. We are exporting jobs to the outside world, yet we have very many youth in this country who have completed universities and have no jobs. I am saying this because the export is low and we are importing too much, yet the country is not getting enough to repay our international debts. This is why I brought this Motion and I am urging my colleagues to support this Motion and to stand with the country at this time of need. We also need to look for more markets to export to, in addition to the ones that we already have. There are very few countries that we have been exporting to and we have not been marketing to include new ones. There has also been importation of substandard goods which have flooded the Kenyan market. It is terrible that this country imports plastic fish from China while we have a lot of fish in Lake Victoria. It is only Uganda that is exporting fish from Migingo Island to Europe yet we know that Migingo Island is Kenyan land. I am, therefore, urging the Government to ensure that they build factories for fish in Lake Victoria because the 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."
}