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{
    "id": 959197,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/959197/?format=api",
    "text_counter": 575,
    "type": "speech",
    "speaker_name": "Tharaka, DP",
    "speaker_title": "Hon. George Gitonga",
    "speaker": {
        "id": 13491,
        "legal_name": "George Gitonga Murugara",
        "slug": "george-gitonga-murugara"
    },
    "content": "estimation of the Committee, this did not seem to serve the purpose for which the three Funds were established. For example, if Biashara Fund is to be established, money is to be appropriated by the Government to a commercial bank which would lend the money to other lending institutions which would in turn lend the money to the citizens or those who are affected or the consumers of those regulations. Unfortunately, lending of money is always encumbered with collateral or security. This is where the first problem lies. It may totally be different and difficult for citizens to have collateral when it comes to borrowing money that is meant to assist them. For us, as the National Assembly, and exercising oversight function over the Government, we felt this was not desirable. Most importantly, what we found lacking, which must be emphasised at all time is the fact that there was no public participation as far as these regulations are concerned. We have emphasised in this House more often than not that for any legislation to pass, the consumers of that law must be given an opportunity to air their views. The wanjikus down there must be called upon to state what their views are when it comes to consuming that kind of a law. In our estimation, this is one of the laws which must have been subjected to public participation. The intention was to do away with the Women Enterprise Fund, one of the Funds that has really assisted ladies in this county or the Youth Enterprise Fund, which we see intermittently from time to time helping the youth. If we are doing away with the Uwezo Fund, which ranks number two to the Women Enterprise Fund, it is very important that we go to our citizens and ask them what their views are. That way, we will then stand here and present a case that would suit the person consuming the law. Having failed to do so, these regulations do not meet the threshold of approval and the Committee on Delegated Legislation was of the view, which I stand with, that all these regulations plus the gazette notices be annulled. I support the annulment. Thank you."
}