Hon Anthony Kimani Ichung'Wah

All parliamentary appearances

Entries 1811 to 1820 of 3232.

• 17 Oct 2018 in National Assembly: I was a little taken aback when I watched Members – not in the Chamber where we ought to debate – but out there. They came singing in the Chamber and took the debate outside the Chamber, purporting that it was 8 per cent increment in VAT which in net terms is about 4 to 5 per cent in VAT. If this were the case, it would mean that prices of goods and services would go up by up to 300 per cent, which was not true. The truth was, if they had allowed that debate to be conducted here ... view
• 20 Sep 2018 in National Assembly: Hon. Speaker, I beg to lay the following Paper on the Table of the House: Report of the Budget and Appropriations Committee on the Supplementary Appropriations Bill, 2018. view
• 20 Sep 2018 in National Assembly: Hon. Speaker, I beg to give notice of the following Motion: THAT, this House adopts the Report of the Budget and Appropriations Committee on the Supplementary Estimates for the Financial Year 2018/2019, laid on the Table of the House today, and pursuant to the provisions of Article 223 of the Constitution and Standing Order 243, approves the changes to the Votes/Programmes contained in the Schedule to the Report. Thank you. view
• 20 Sep 2018 in National Assembly: Hon. Speaker, let me begin by pointing out that the Report did not have a Schedule but it is being circulated. Hon. Speaker, I beg to move the following Motion: view
• 20 Sep 2018 in National Assembly: THAT, this House adopts the Report of the Budget and Appropriations Committee on the Supplementary Estimates for the 2018/2019 Financial Year, laid on the Table of the House on Thursday, 20th September 2018, and pursuant to the provisions of Article 223 of the Constitution and Standing Order No.243, approves: (i) a reduction of the total recurrent expenditure for the 2018/2019 Financial Year by Kshs9,063,228,418 in respect of the Votes as contained in the attached Schedule; (ii) a reduction of the total capital expenditure for the 2018/2019 Financial Year by Kshs28,540,434,000 in respect of the Votes as contained in the attached ... view
• 20 Sep 2018 in National Assembly: Hon. Speaker, as I have mentioned the Serjeant-at-Arms will circulate the Schedule. It is being photocopied. I wish to point out a few items on the Report. It is important for the House to appreciate why it was necessary to have a Supplementary Budget in the second month of the financial year. It is good to let Members know that when we passed the Appropriations Bill in June this year, there were arrangements and agreements with our development partners. You know what happened in the recent past. We had committed to them. It is good to appreciate that this country ... view
• 20 Sep 2018 in National Assembly: We will consider other issues in the Finance Bill which touch on taxation later today. It is important to note that as a country, we are unable to raise finances through taxation by 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
• 20 Sep 2018 in National Assembly: imposing higher taxes on our people. We will need, in one way or the other, to finance our Budget by getting support from our development partners and through domestic borrowing. Our fiscal deficit as at the time we passed the Appropriations Bill was projected at 5.7 per cent. Because of the additional expenditure that was accommodated during the appropriations, we burst that fiscal deficit way above 6 per cent. The consequence of that is that the International Monetary Fund (IMF) stood down the standby credit to this country. However, the Government is still in negotiations with IMF. It is good ... view
• 20 Sep 2018 in National Assembly: This Supplementary Budget has basically been occasioned by changes that are in the Finance Bill. There is a reduction in our projected revenues for this financial year. Therefore, we have considered all the proposals that were brought by the National Treasury. We had four meetings yesterday, including a meeting with the Judicial Service Commission (JSC), Parliamentary Service Commission (PSC) and the National Treasury. We had very lengthy negotiations up to late in the wee hours of the night to strike a balance between our revenues and expenditure and ensure that in the spirit of give and take, we reduce our ... view
• 20 Sep 2018 in National Assembly: Kenyans are concerned with the huge debt that is there. It is good to note that the Eurobond that we took in 2014 matures in April or June next year. The syndicated loan will also mature at the same time. Our current Budget for this financial year has a financing gap of Kshs562billion which will be financed both by domestic and foreign borrowing. For us to access foreign borrowing and investors to have confidence in this economy, we, as a country, must show that we have the fiscal discipline that we committed to them. Therefore, it is imperative that we ... view