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{
    "id": 947066,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/947066/?format=api",
    "text_counter": 290,
    "type": "speech",
    "speaker_name": "Kikuyu, JP",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": " Thank you, Hon. Speaker. I forgot my card in the coat I was wearing yesterday. I stand to support the Motion by the Committee on Delegated Legislation. A number of issues have been raised. I do not know whether to call one of them an allegation or contention that we are moving our debt ceiling from 50 per cent of GDP to what the Member for Wajir South was saying, unspecified figure. It is specified. It is Kshs9 trillion. When you are being called upon to move the ceiling to Kshs9 trillion, what are you being asked to do? We are not giving the Government a blank cheque to borrow Kshs9 trillion. The Leader of the Minority Party said that every year, the Government comes to this House to ask it to approve how much we shall borrow in that particular year. Therefore, the ceiling does what the celling to this building does. We have been walking into these chambers for very many years and we have never touched that ceiling. Hon. Speaker, anytime the Government wants to borrow - even in the 2019/2020 Financial Year - it submits estimates before this House, which are considered by the Budget and Appropriations Committee. As a House, we approved and gave the Government permission to borrow Kshs635 billion because we cannot raise such an amount of money from our tax revenues. Not allowing the Government to open this ceiling today is asking us to go back to the Finance Bill that we passed last week and levy more taxation on Kenyans to raise more revenues 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."
}