15 Nov 2023 in Senate:
Mr. Speaker, Sir, I wish to carry on with the debate and congratulations to H.E the President on a brilliant Speech that he gave on account of the work that his administration has done. Of course, I made remarks to the effect that when H.E the President took over this administration, as per the Central Bank of Kenya (CBK) records on the bank balances that were maintained, there was only Kshs90 million.
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15 Nov 2023 in Senate:
Mr. Speaker, Sir, I wish to carry on with the debate and congratulations to H.E the President on a brilliant Speech that he gave on account of the work that his administration has done. Of course, I made remarks to the effect that when H.E the President took over this administration, as per the Central Bank of Kenya (CBK) records on the bank balances that were maintained, there was only Kshs90 million.
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15 Nov 2023 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate.
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15 Nov 2023 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate.
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15 Nov 2023 in Senate:
I wish Sen. Mwaruma was listening because that is exactly what I was explaining. I will provide this House in the next 24 hours, the CBK balances of the Government of Kenya (GOK) at that particular time. It goes beyond saying, that things were so bad at that time that billions were being withdrawn via WhatsApp messages. We have it on authority of the Controller of Budget (CoB), the constitutional office holder that is allowed to grant withdrawal out of the Exchequer. Therefore, it is not wrong to point out--- Mr. Speaker, Sir, I do not know if I will ...
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15 Nov 2023 in Senate:
I wish Sen. Mwaruma was listening because that is exactly what I was explaining. I will provide this House in the next 24 hours, the CBK balances of the Government of Kenya (GOK) at that particular time. It goes beyond saying, that things were so bad at that time that billions were being withdrawn via WhatsApp messages. We have it on authority of the Controller of Budget (CoB), the constitutional office holder that is allowed to grant withdrawal out of the Exchequer. Therefore, it is not wrong to point out--- Mr. Speaker, Sir, I do not know if I will ...
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15 Nov 2023 in Senate:
Mr. Speaker, Sir, the second thing is that H.E gave an account of programmes that have been run by this administration. Of course, top of which featured prominently is a very successful Hustler Fund initiative that has lent out billions of Kenya Shillings to ordinary citizens. More than 10 million Kenyans have borrowed. I do not know what are the latest statistics from CBK on bank customers. Nonetheless, if we were to rank the Hustler Fund with various commercial banks of this country, it will prominently feature among the top two if not the top three. These are ordinary citizens ...
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15 Nov 2023 in Senate:
Mr. Speaker, Sir, the second thing is that H.E gave an account of programmes that have been run by this administration. Of course, top of which featured prominently is a very successful Hustler Fund initiative that has lent out billions of Kenya Shillings to ordinary citizens. More than 10 million Kenyans have borrowed. I do not know what are the latest statistics from CBK on bank customers. Nonetheless, if we were to rank the Hustler Fund with various commercial banks of this country, it will prominently feature among the top two if not the top three. These are ordinary citizens ...
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15 Nov 2023 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate.
view
15 Nov 2023 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate.
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