24 Apr 2014 in National Assembly:
Hon. Speaker, thank you for giving me this chance. I rise also to support this Motion. Kenya as a country played a very important role in achieving the Comprehensive Peace Agreement (CPA) in Sudan. Having played that role, it would be very unfortunate to see that country go down the drain. That is why I am in support of the 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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24 Apr 2014 in National Assembly:
additional troops being sent to South Sudan. The request is to make the troops be 1,000 because we have about 690. When you look at South Sudan, it is very important to Kenya in terms of strategic national interest. It is important for Kenya to ensure that there is peace in that country because when South Sudan has peace, we can be assured of increased business and trade. At the same time, Kenya can also benefit in increased employment opportunities. So the whole idea of us approving the sending of more troops to South Sudan is something we should all ...
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24 Apr 2014 in National Assembly:
But as we do that, I would like to urge the neighbours of South Sudan to make sure that none of the countries takes advantage of the current situation. This is because for those of us who saw what was happening there last night through KTN, it is reported that there is massacre in that country and it has moved from a normal war to a tribal kind of war. I think we should make sure that these troops move to that country with urgency. This is because it is going to be very unfortunate if Kenya which is neighbouring ...
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24 Apr 2014 in National Assembly:
At the same time, it is important to note that we have been seen to be fair in the mediation process. We have been very objective and that is why you see South Sudan as a country and government has a lot of confidence in Kenya. So, I will urge that even as our troops move to that country, we should remain neutral in the process and we are seen to be fair to the two opposing parties so that we do not become a country where in future if we want to send troops there, we will be told ...
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24 Apr 2014 in National Assembly:
With those few remarks, I support the sending of additional troops to South Sudan.
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24 Apr 2014 in National Assembly:
Thank you, hon. Temporary Deputy Speaker. I also rise to support this amendment to the Public Finance Management Act, 2012. I want to remind the Members of the fact that this House passed the 2013.2014 Budget. Part of that Budget of Ksh130 billion was supposed to come from sovereign bonds. When the implementation of the Budget started, reality dawned on us and the Budget and Appropriations Committee and the Finance, Planning and Trade Committee were made aware that even though this money was part of the Budget, the legal framework for sovereign bonds to be floated out there in the ...
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24 Apr 2014 in National Assembly:
So, in short, hon. Temporary Deputy Speaker, what I am saying is that if these amendments do not see the light of the day in terms of being approved by this House, then we are saying our approved Budget will automatically register a deficit of Kshs130 billion. We will then have either to think of another alternative source of that money or reduce the budget on some of the programmes which had been budgeted for.
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24 Apr 2014 in National Assembly:
Hon. Temporary Deputy Speaker, I am sure none of us Kenyans is willing to see our prioritised projects and programmes not being implemented this year and being pushed forward, because we cannot float a sovereign bond and then get the money from out there. In addition changing, or amending, this law is also very important to this country. This is because one of the advantages we are likely to enjoy, as a country, from engaging in external borrowing will higher credit worthiness. or credit rating of the The electronic version of the Official Hansard Report is for information purposesonly. A ...
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24 Apr 2014 in National Assembly:
country will improve. What that does is that, as a country, you are able to attract funding from outside at low interest because your rating is better compared to other countries. So, I think, as a country, we need to take this opportunity and amend this law so that we get enjoy an improvement in our credit rating.
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24 Apr 2014 in National Assembly:
Hon. Temporary Deputy Speaker, even as I talk of these amendments and as I support them, I think, as a country, we need to be a bit more serious than we are. We actually approved this Budget last year. We have only two months to the end of the financial year and these amendments have been brought to this House to be approved. As I give this contribution I am asking myself: If we approve these amendments next week, how much more time will we have to get this bond through, get the money and implement the projects?
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