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"type": "speech",
"speaker_name": "Kikuyu, JP",
"speaker_title": "Hon. Kimani Ichung’wah",
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"legal_name": "Anthony Kimani Ichung'Wah",
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"content": "provided for if we amended the Constitution. This is not from the Committee but my own view and personal opinion; that we must be careful on the percentages we propose. It is not just shareable revenue but, I know there are many other people who have made proposals relating to minimum granted returns like, those from my region and others who have pegged the percentages on our national revenue. It is not gainsaid that we have challenges we must deal with and not just the coronavirus which will hit us very hard in terms of our revenue projections. Not just for this current financial year but even the next financial year. The implication and ramifications of this will roll over even to the Financial Year 2021/2022. Therefore, as a word of caution to the country, it is not enough to make proposals in rallies or in seminars in hotels. It is critical that we sit with economists and public finance experts. When the Constitution was being drafted in 2010, the Chapter on Public Finance had a whole team working on it. Today, let us not be simplistic or seek to push 35 per cent as an open percentage figure for the sake of political expediency or a way of enticing governors to support the initiative. We must be careful that what we propose must be something which, under our public finance management systems, will be possible, practical and realisable. Suppose we had 30 per cent in the Constitution and we are at 23 per cent today? This is all I want to caution the country against. I can see a BBI proponent, Hon. Junet, is very eager to intervene. Let me not allow him to interject. I beg to move and request the Leader of the Majority Party to second."
}