Senator Aaron Kipkirui Cheruiyot

All parliamentary appearances

Entries 2121 to 2130 of 5232.

• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, I want to congratulate and appreciate the diligence of all nine Members of the Senate Committee on Finance and Budget: Sen. Ali Roba, Sen. Tabitha Mutinda, Sen. (Dr.) Khalwale, Sen. Korir, Sen Tabitha Keroche, Sen. Faki, Sen, Onyonka, Sen. Shakila Abdalla and Sen. Oketch Gicheru. I know how hard it is to be a Member of the Committee on Finance and Budget--- view
• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, I beg to move that the Public Finance Management (Amendment) Bill, (National Assembly Bills No.16 of 2023) be now read a Second Time. view
• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, I resume from where I was previously by making comments that I appreciate the diligence and the hard work that it takes to serve in the Committee on Finance and Budget. I make no light of the work that all our other committees do. However, I say this with utmost good faith that, it takes a Senator of great discipline and dedication to the work of this House to serve in this particular committee. On many occasions, if it is the Budget Policy Statement that is laid on the Floor of this House, we are told ... view
• 8 Aug 2023 in Senate: without the CRA to come and make their presentations. On many occasions, they never fail us. Therefore, I follow through with the proposals that have been made. I forgot some of my notes, but I just want to go through this, clause by clause, in quick succession because this is a fairly straightforward Bill, about two or three pages only. This Bill seeks to amend the following sections of the PFM Act No.18 of 2012, to operationalize the public debt and borrowing policy with regards to the framework for monitoring the level of public debt and align it with provisions ... view
• 8 Aug 2023 in Senate: audit of this debt; what were the conditions for that particular borrowing and the purpose for which it was borrowed for because that remains unclear. You cannot expect that the people you represent in this House will be in a better position than you, as a Senator, who serves in this House, to tell them of this mechanism. Clause 3 of the Bill seeks also to amend Section 12 of the Act by deleting Paragraph B and introducing provisions that provide for the proper management and efficient use of budgetary resources by national Government entities. There is also the issue ... view
• 8 Aug 2023 in Senate: The Constitution says clearly that Parliament shall provide legislation for reporting mechanism on public debt. However, some idiot sits somewhere and drafts a legislation stating that the National Assembly shall be receiving the reports. This is something we have continued pointing out to the State Law Office. If they do not learn, they shall do so, the hard way. This is something I have been mentioning to them on many occasions. I tell them to read the Constitution. They may not like the Senate, but they should appreciate the powers that the Constitution and the people of Kenya have given ... view
• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, I withdraw the word “idiot” and replace it with “some ignorant fellow”. view
• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, I am guided and I appreciate. view
• 8 Aug 2023 in Senate: Mr. Temporary Speaker, Sir, lastly is Clause 7 that seeks to amend the PFM Act by introducing a new paragraph. That is Section 63 to add additional functions to the public debt management office. It will include advising Parliament and Cabinet Secretaries on sustainable levels of the public debt and annual borrowing limit. This is a superfluous provision. I do not mind it, but I do not see how extremely useful it is to Parliament. We have the Parliamentary Budget Office (PBO) that does exactly that. I find their advice to be more prudent than any other you can get ... view
• 8 Aug 2023 in Senate: Last but not least, is the conversation about anchoring the public debt as a percentage of the Gross Domestic Product (GDP) in present value terms. This will ensure the consistency we have been looking for and promote sustainability in public debt. On two occasions when I have had the opportunity to vote on public debt, I voted against the decision to place it on a static figure. I followed through this conversation and I appreciate that those of us who held the view that having our debt measured as a percentage of our GDP in net present value is a ... view