All parliamentary appearances
Entries 12721 to 12730 of 17810.
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4 Dec 2014 in National Assembly:
Thank you very much, hon. Speaker. The matter before us today is one that is of great importance to this nation of Kenya. It is one in which, as provided for under the law, this House is being asked to allow or not allow the debt ceiling of the Government to be increased. From the outset, I want to say that the concept of debt ceiling is a signal for foreign investors of a given country to show how dedicated or disciplined that country is in terms of managing its fiscal policy. There are quite a number of countries in ...
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4 Dec 2014 in National Assembly:
The Chair understands that she has, on her desk, the challenge of finding ways of managing air pollution. That is going to come in the shortest time possible. This is a good Bill and I am very happy with it. It is one of the key steps that we have made.
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4 Dec 2014 in National Assembly:
With those few remarks, I beg to support.
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4 Dec 2014 in National Assembly:
Let us come home and analyse the Sessional Paper No.14 which has been given to us, hon. Speaker. I do respect your earlier ruling very much on the issue of constitutionality which was raised by hon. Mbadi. I agree that whilst it might not have been the work of the Treasury to seek public participation, I feel that under Article 201 of the Constitution, just like when Treasury presents to us the Budget Estimates, this House or the Committees of this House subjects the same to public scrutiny. For that reason, I am not sure whether the ruling you made ...
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4 Dec 2014 in National Assembly:
Lately in September, Kenya underwent what is called a rebasing of the economy. Our economy was in September raised overnight by 25 per cent from Kshss3.8 trillion GDP to Kshs4.75 GDP. For that reason, there is that feeling of saying that we are worth more and now we can therefore borrow more. The truth of the matter is that the rebasing is just a paper richness and not one that is, indeed, material richness.
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4 Dec 2014 in National Assembly:
Hon. Speaker, the other question I want to raise is that: Why are we being asked to raise this debt to Kshs2.5 trillion when both scenarios given to us indicate that all that Treasury needs is actually different? Scenario one shows that it is Kshs8 billion more that is needed while scenario two indicates it is Kshs30 billion more that is needed. Actually, Kshs1.23 trillion should be adequate to meet the requirements that are needed by Treasury right now. Why are they asking for Kshs2.5 trillion? The other thing is that the total requirement for the development plan which has ...
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4 Dec 2014 in National Assembly:
I am talking of the experts in our own Parliamentary Budget Office who are the same experts who support the Departmental Committee on Finance, Planning and Trade. They have warned about the increase of debts, which is about 49 per cent of our economy. The ceiling is supposed to show Kenya as a country that respects or has a dependable public fiscal policy management. With all these in mind and knowing that the public of Kenya has not had the opportunity to input in this very important matter which is going to mean that debt is going to be carried ...
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4 Dec 2014 in National Assembly:
Hon. Speaker, we cannot pass more debts than we already have and burden the younger generations. For that reason, I stand to oppose this particular request. I thank you.
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3 Dec 2014 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 3 be deleted and substituted therefore with the following new Clause 3: Persons 3. (1) The following persons shall be entitled to a benefit conferred The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor.
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3 Dec 2014 in National Assembly:
entitled to by this Act if such persons do not participate in elective politics- benefits (a) a retired Prime Minister; (b) a retired Vice-President; (c) a retired Deputy President;
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