Benjamin Kipkirui Langat

All parliamentary appearances

Entries 1951 to 1960 of 2560.

• 24 Mar 2014 in National Assembly: Thank you very much, hon. Speaker. I want to thank the Leader of Majority Party and hon. Ng’ongo for moving and seconding this Bill. view
• 24 Mar 2014 in National Assembly: As has been said, this Bill tries to give effect to what the Government is planning to do, and that is planning to borrow from international markets. As a country, I think, we have come of age and this is the time the Government needs to look outside our borders for the resources it requires for the development of this country. view
• 24 Mar 2014 in National Assembly: As has been said, one of the factors causing the interest rates in this country to really rise to a level where they are now around 20 per cent, is because the Government is a very active player in the market. In fact, if you look at borrowings in the local money market all the time, the Government is always borrowing from it. It is actually posing serious competition to other borrowers because it has the capacity to attract huge resources. But if this House allows these amendments to pass, we will simply allow the Government to borrow from the ... view
• 24 Mar 2014 in National Assembly: Hon. Speaker, I believe the day we will approve this Bill and the Government starts to borrow from international market, we will see a positive change in terms of interest rates in this country. Therefore, this is a very good amendment which this House must support. By passing it we will be solving two issues, one we will be enabling the Government to get resources from outside the country at cheaper rates. Secondly, we will be assisting our local businessmen to get loans at lower interest rates. Hon. Speaker, on the issues that have been raised by hon. Ng’ongo, I ... view
• 24 Mar 2014 in National Assembly: Public Financial Management (PFM) Act. One of them, and about which the hon. Members have been complaining, is the time this House has to address the issues of Budget, the timing of the Budget Policy Statement. In most of the times we work on the last day to address Budget issues. Hon. Speaker, my Committee has looked at that matter and, maybe, at the Committee Stage, we will want to re-look at the issue of timings of the Budget Policy Statement, so that we give the House more time to look at it. Also we will give the House more ... view
• 24 Mar 2014 in National Assembly: 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. view
• 24 Mar 2014 in National Assembly: On a point of information, hon. Temporary Deputy Speaker. view
• 24 Mar 2014 in National Assembly: Hon. Temporary Deputy Speaker, I want to inform the hon. Members--- He should be aware because he is a Member of my Committee that as a Committee, on the issue of interest rates, we have identified a number of topics which we need to address in the next six months. Interest rates are one of the topics that we want to address. We want to see how to reduce them from the current level of 20 per cent to below 10 per cent. I want to inform him that, as a Committee, we are addressing that issue very seriously. view
• 12 Mar 2014 in National Assembly: On a point of order, hon. Temporary Deputy Speaker. I am not disrupting the Member’s contribution, but going by the mood of the House, the size of the Bill and the resolution of the House that was made on 14th February, may I propose that we reduce the time taken by each Member to five minutes? The resolution that we made in the House was that a Member is given a maximum of ten minutes, but I am saying that the House can still, by the leave of the House, reduce that time to five minutes. This is a fairly ... view
• 12 Mar 2014 in National Assembly: On a point of order, hon Temporary Deputy Speaker. I hope you noted the language used by hon. Midiwo that the people at the Treasury are crooks. I think this House needs to be civil and hon. Midiwo needs to withdraw because the people at the Treasury are employees of the Kenya Government. They are civil servants of this country. They are not crooks unless he has evidence to show that they are crooks. If he has the evidence, he can table it. view