Cherarkey K Samson

All parliamentary appearances

Entries 4591 to 4600 of 7129.

• 19 Oct 2021 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate. view
• 19 Oct 2021 in Senate: For the last so many years, we have a deficit budget that needs to be financed through borrowing. There are commercial loans, internal and external, borrowing and foreign bonds. There is the issue of bonds that has always generated interest and a lot of issues when it is being floated across there. It has also been a challenge. If we do not have a legislative proposal or guidance that is already there, it cannot be well for the country in terms of economy. Madam Temporary Speaker, it is unfortunate that as we talk, I have seen the recommendation of the ... view
• 19 Oct 2021 in Senate: Madam Temporary Speaker, it is good to tell the country that we have already borrowed on behalf of the future. These public debts shall be paid by the future generation who are not in existence. The Constitution says that the resources must be equitably shared between present and future generations. The resources that are there will not even benefit the future because we have borrowed on their behalf. Somebody was projecting that when a child is being born, every Kenyan owes around Kshs60,000 to Kshs70,000 for 47.9 million Kenyans as per the 2019 population and housing Census. view
• 19 Oct 2021 in Senate: I have even seen recommendations by the Council of Governors (CoG) 2022/2023 in terms of the Equalisation Fund. They want more than Kshs300 billion in addition to what they have been allocated of more than Kshs370 billion in terms of equitable sharable revenue by saying that the economy has fully recovered from Coronavirus disease (COVID-19). The CoG made those resolutions yesterday. Madam Temporary Speaker, the question should be how it is possible to sustain when we have a budget that is already on deficit and is being financed by borrowing locally and internationally. It is noted that Kshs61.5 billion out ... view
• 19 Oct 2021 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate. view
• 19 Oct 2021 in Senate: We cannot lie to Kenyans by telling them that the unsustainable public debt, that is Kshs7.7 trillion, is because of Kenyans or the Executive. The Executive brought a proposal here, I think six or seven Senators voted against and the rest agreed with the Government. Madam Temporary Speaker, it behooves all of us. It is we, as a Parliament, to be part of how to rectify this public debt. As many of my colleagues have alluded, how will most of the people running for presidency manage the country? If the country was a company, it should be declared under receivership. ... view
• 19 Oct 2021 in Senate: Be patient and listen to serious submissions. Madam Temporary Speaker, when you talk about the legislative proposal, I have been a Chairperson of a Committee. If you tell a Government agency to go and view
• 19 Oct 2021 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate. view
• 19 Oct 2021 in Senate: develop a legislative proposal within six months, they have never done that. You allowed us courtesy of the Office of the Speaker to interrogate the Cabinet Secretary (CS) for Petroleum and Mining, Hon. Munyes. The Office of the Speaker facilitated everything. The CS could not even develop regulations on how to manage Petroleum Development Levy Fund (PDLF) that should have been used to cushion the ordinary view
• 19 Oct 2021 in Senate: when the price increase of fuel came across the country. In the wisdom or lack thereof, the Committee - and Sen. Mutula Kilonzo Jnr., should be listening to this - should have developed a legislative proposal in concurrence with the Ministry of National Treasury, instead of saying that we give six months that they need to develop. I saw the Chairperson was here, but he can read the statement. We say go and develop a legislative proposal. Madam Temporary Speaker, do we look at the option where we have Public Debt Management Authority? Do we need a framework on how ... view