4 Mar 2020 in National Assembly:
investment programme of the Government is facing several monumental problems namely; the need to scale-up implementation of critical Big Four Agenda programmes and the need to resolve the question of pending bills. As you have seen in the media recently, a number of people have been complaining that they are yet to be paid by both the national Government and county governments. There is need to raise approximately Kshs1 trillion to complete the large stock of stalled projects. There are stalled projects all over the country which Kenyans are yet to derive any economic value from. Public investments were made ...
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4 Mar 2020 in National Assembly:
Therefore, we must ask ourselves why we are being told that commercial borrowing has gone down and the documents tabled in this House are showing the exact opposite. Commercial borrowing seems to be going up. Therefore, it means a lot of interest is paid because commercial debt is more expensive than the concessional loans that we get from bilateral and multilateral donors like the World Bank and the International Monetary Fund (IMF). We have raised these concerns with the National Treasury and, indeed, you will notice this from our policy recommendations. The first policy recommendation before the Budget Estimates for ...
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4 Mar 2020 in National Assembly:
Thank you, Hon. Speaker. I was on the Big Four Agenda. As I was mentioning, the Committee notes with concern that key projects under the Big Four Agenda appear to be implemented, but in a very slow pace. If we had that implementation matrix, the Chairs and Departmental Committees would be able to track how well those projects are being implemented. This slow implementation, therefore, may not allow Government to be able to complete the projects within the timeframe provided.
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4 Mar 2020 in National Assembly:
Hon. Speaker, maybe, the Commissioners are represented by their Chair. The Chair happens to be presiding. Therefore, we would also have expected that the Commissioners would be here in person.
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4 Mar 2020 in National Assembly:
Thank you, Hon. Speaker. I had noted that you are here in your capacity as the Speaker and not as the Chair of the Parliamentary Service Commission. I have noted that the Commission is, therefore, not adequately represented in this discussion. 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.
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4 Mar 2020 in National Assembly:
Hon. Speaker, I was saying this slow pace, therefore, means that we will not be able to implement and keep track of the Big Four Agenda projects. For instance, under the manufacturing pillar, the Common Effluent Pre-treatment Plant at Kinanie Leather Park is only 30 per cent complete, although the BPS reports an expected 80 per cent completion by the end of June this year, and 100 per cent completion by 2020/2021. Similarly, the Dongo Kundu Special Economic Zone and the Naivasha Industrial Park reported 3 per cent and 4 per cent completion respectively in 2018/2019, and have an extraordinary ...
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4 Mar 2020 in National Assembly:
Hon. Speaker, on health, you note from current engagements out there, NHIF seems to be having issues that need to be adequately canvassed by the Departmental Committee on Health. The Committee should agree on what role the NHIF will play under the Universal Healthcare Pillar. You further note that, although it is indicated in the BPS that the Government will forge a multi-sectoral collaboration with the counties on the universal healthcare, such a framework on how that collaboration will work is yet to be agreed upon and implemented. How it will be implemented is still very unclear. You know health ...
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4 Mar 2020 in National Assembly:
On revenue projections, Hon. Speaker, the 2020 BPS has revised the ordinary revenue target for the 2019/2020 Financial Year downwards by about Kshs33.4 billion. The reductions are mostly under Income Tax, Import Duty and Value Added Tax (VAT). However, Excise Duty 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.
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4 Mar 2020 in National Assembly:
and other revenues — including investment revenues — are projected to increase by Kshs19.4 billion and Kshs79.2 billion, respectively. As I indicated, with the current challenges, especially with the spread of coronavirus, you can expect even our import duties, VAT as well as our Income Tax to dip. Going forward, Hon. Speaker, the projected revenue collection for the 2020/2021 Financial Year, including Appropriation-in-Aid (A-i-A), will amount to Kshs2,134.1 billion as compared to Kshs2,084.2 billion in the current 2019/2020 Financial Year. Ordinary revenue in the next financial year is projected at Kshs1856.7 billion. There is a huge mismatch between the nominal ...
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4 Mar 2020 in National Assembly:
Hon. Speaker, it is the Leader of Majority who is interrupting me; telling me that I am cheating myself. I am not cheating myself. It is the country that could be cheating itself that we are growing while in reality, we may not be growing. The Committee is concerned by this apparent non-growth of revenues. Further, the revenue growth is based on increased collection from Income Tax as well as VAT despite projections under these tax heads having been revised downwards in the BPS. Those are the contradictions that we are talking about. That we are revising our revenues upwards ...
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