Hon Anthony Kimani Ichung'Wah

All parliamentary appearances

Entries 1621 to 1630 of 3232.

• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Speaker, it is right to note that the Government has made efforts by investing heavily in the Technical Vocational Education and Training (TVET) institutions to train skilled labour that will be useful in the manufacturing sector, in agro-processing as well as in the services sector. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 27 Feb 2019 in National Assembly: However, it is crucial to note that more efforts need to be put in this area. Indeed, the Chair of the Departmental Committee on Education, Research and Technology did pitch strongly for enhanced resources towards TVET. view
• 27 Feb 2019 in National Assembly: However, it is crucial to note that more efforts need to be put in this area. Indeed, the Chair of the Departmental Committee on Education, Research and Technology did pitch strongly for enhanced resources towards TVET. view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Speaker, the Committee also observed that the Central Bank of Kenya has eased the monitory policy in the past to support economic activity. However, credit to the private sector has not increased significantly; it was estimated to have remained below 5 per cent against a target of 8.8 per cent in 2018. Accessibility of credit by the private sector is important for the economy as it ensures continued expansion of businesses and creation of employment, which then increases revenue for Government. It is instructive to note that about two years ago, this House effected the interest rate ... view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Speaker, the Committee also observed that the Central Bank of Kenya has eased the monitory policy in the past to support economic activity. However, credit to the private sector has not increased significantly; it was estimated to have remained below 5 per cent against a target of 8.8 per cent in 2018. Accessibility of credit by the private sector is important for the economy as it ensures continued expansion of businesses and creation of employment, which then increases revenue for Government. It is instructive to note that about two years ago, this House effected the interest rate ... view
• 27 Feb 2019 in National Assembly: The foreign exchange reserves have performed exceptionally well in the last one year one; and at 5.5 months of import cover, they remain an adequate buffer for short-term foreign exchange shocks. This performance is driven by strong growth in Diaspora remittances as well as tourist receipts and increased tea and horticultural exports. As a result, the shilling has remained stable against the major currencies, and the current deficit has narrowed to an estimated 5.2 per cent of Gross Domestic Product (GDP) in 2018 from a high of 6.3 per cent in 2017. It is instructive to note that these foreign ... view
• 27 Feb 2019 in National Assembly: The foreign exchange reserves have performed exceptionally well in the last one year one; and at 5.5 months of import cover, they remain an adequate buffer for short-term foreign exchange shocks. This performance is driven by strong growth in Diaspora remittances as well as tourist receipts and increased tea and horticultural exports. As a result, the shilling has remained stable against the major currencies, and the current deficit has narrowed to an estimated 5.2 per cent of Gross Domestic Product (GDP) in 2018 from a high of 6.3 per cent in 2017. It is instructive to note that these foreign ... view
• 27 Feb 2019 in National Assembly: The fiscal consolidation is one of the key objectives in the 2019 BPS. This entails enhancing growth of public expenditure as well as revenue collection. While this is commendable, the challenge will be in maintaining contractionary fiscal path given the prevailing expenditure pressures. The Government has to fully commit itself to maintaining lower expenditures. This means remaining within the ceilings provided in the BPS. Therefore, not presenting Budget Estimates that indicate higher expenditures than what was agreed during BPS as has been the outcome of previous BPSs. view
• 27 Feb 2019 in National Assembly: The fiscal consolidation is one of the key objectives in the 2019 BPS. This entails enhancing growth of public expenditure as well as revenue collection. While this is commendable, the challenge will be in maintaining contractionary fiscal path given the prevailing expenditure pressures. The Government has to fully commit itself to maintaining lower expenditures. This means remaining within the ceilings provided in the BPS. Therefore, not presenting Budget Estimates that indicate higher expenditures than what was agreed during BPS as has been the outcome of previous BPSs. view
• 27 Feb 2019 in National Assembly: I want to re-emphasis this point, that year in, year out; we adopt a BPS that sets ceilings for different Ministries, Departments and Agencies (MDAs) in Government. However, eventually at the end of April, we get estimates that are outside these BPS ceilings. Therefore, in a way distort the fiscal policies that were set out in the BPS. I want to ask the National Treasury to endeavor this year, in view of these fiscal considerations, to put efforts to ensure that the estimates they table before this House by 30th April this year conform to the ceilings that have been ... view