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"id": 925978,
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"type": "speech",
"speaker_name": "Nominated, ANC",
"speaker_title": "Hon. Godfrey Osotsi",
"speaker": {
"id": 13172,
"legal_name": "Godfrey Osotsi",
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"content": "THAT, aware that the existing Kenya Diaspora Policy provides for the mainstreaming of the Kenya Diaspora into national development process in line with aspirations and goals of Kenya Vision 2030; noting that formal remittance from the Kenya Diaspora accounts for over three per cent of the country’s GDP channeled by an estimated three million Kenyans; noting that the contribution by the Kenya Diaspora to the country’s development goes much beyond the personal remittance to include increased trade links, better access to foreign capital markets, skills and technology transfer, diaspora investment fund, knowledge exchange among other enormous potential benefits; acknowledging that the diaspora community continues to contribute immensely to national development and economy through increased household investment in education, entrepreneurship, health, finance and housing; concerned that Kenya ought to formulate a practical and incentive-driven policy to harness existing and future diaspora resources for socio-economic development; cognisant that Kenya has an obligation to counter the challenges hindering diaspora contribution to national development; this House resolves that the Government reviews and formulates a comprehensive policy and structure to harness the ever increasing diaspora resources for national development and that the said policy be presented to the National Assembly within one year for consideration. Thank you, Hon. Speaker."
}