23 Nov 2023 in National Assembly:
efficient use of the same, and will continuously present policy recommendations for consideration by this House. I, therefore, beg to move and request Hon. Makali Mulu, the Vice-Chairperson of the Select Committee on Public Debt and Privatisation, to second.
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23 Nov 2023 in National Assembly:
Hon. Temporary Speaker, this is a House of records. I just want to correct my colleague that it is the total debt of Ksh10.5 trillion we are talking about and Ksh4.7 trillion being the local domestic borrowing. This Report does not just talk about this period.
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23 Nov 2023 in National Assembly:
Hon. Temporary Speaker, this is a House of records. I just want to correct my colleague that it is the total debt of Ksh10.5 trillion we are talking about and Ksh4.7 trillion being the local domestic borrowing. This Report does not just talk about this period.
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23 Nov 2023 in National Assembly:
Thank you, Hon. Temporary Speaker. I thank all the Members of this House for their continued support of the Public Debt and Privatisation Committee and also for their great contributions. I request that we defer putting the Question, pursuant to Standing Order 53(3). I beg to reply.
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23 Nov 2023 in National Assembly:
Thank you, Hon. Temporary Speaker. I thank all the Members of this House for their continued support of the Public Debt and Privatisation Committee and also for their great contributions. I request that we defer putting the Question, pursuant to Standing Order 53(3). I beg to reply.
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22 Nov 2023 in National Assembly:
Thank you, Hon. Speaker. I beg to move: THAT, this House adopts the Report of the Public Debt and Privatisation Committee on its consideration of the Consolidated Funds Services (CFS) under the Supplementary Estimates I for FY 2023/2024 laid on the Table of the House on Thursday 16th November 2023. Hon. Speaker, this is the fourth report of the CFS expenditures to be tabled in this House. I want to thank the Members of the Public Debt and Privatisation Committee who have continued to work diligently since this Committee was formed and for the good recommendations that have been adopted ...
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22 Nov 2023 in National Assembly:
Thank you, Hon. Speaker. I beg to move: THAT, this House adopts the Report of the Public Debt and Privatisation Committee on its consideration of the Consolidated Funds Services (CFS) under the Supplementary Estimates I for FY 2023/2024 laid on the Table of the House on Thursday 16th November 2023. Hon. Speaker, this is the fourth report of the CFS expenditures to be tabled in this House. I want to thank the Members of the Public Debt and Privatisation Committee who have continued to work diligently since this Committee was formed and for the good recommendations that have been adopted ...
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22 Nov 2023 in National Assembly:
Hon. Speaker, it is important to note that the increase in the CFS expenditure indicates the increase of expenditures that are largely non-productive and decrease the fiscal space available to implement other critical Government activities. A reduction of CFS expenditure, primarily debt servicing expenditures, will be key in ensuring that budgetary outlays have an increased role in economic development. The increase in CFS expenditures is driven by increase in public debt servicing expenditures which constitutes Ksh1.87 trillion or 90 per cent of the expenditures under the CFS. This increase was a result of broad currency depreciation that increased the debt ...
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22 Nov 2023 in National Assembly:
Hon. Speaker, it is important to note that the increase in the CFS expenditure indicates the increase of expenditures that are largely non-productive and decrease the fiscal space available to implement other critical Government activities. A reduction of CFS expenditure, primarily debt servicing expenditures, will be key in ensuring that budgetary outlays have an increased role in economic development. The increase in CFS expenditures is driven by increase in public debt servicing expenditures which constitutes Ksh1.87 trillion or 90 per cent of the expenditures under the CFS. This increase was a result of broad currency depreciation that increased the debt ...
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22 Nov 2023 in National Assembly:
Thank you, Hon. Temporary Speaker. I thank Members for their contributions and support for this Motion. Debt today is one of the most spoken issues in Kenya. I am glad that Parliament, in its wisdom, formed this Committee to deal with matters of debt. I am sure we will be bringing so many Reports to this House. We will always be seeking the support of the Members and the House. Hon. Temporary Speaker, I beg to reply.
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