Chrysanthus Barnabas Okemo

All parliamentary appearances

Entries 61 to 70 of 559.

• 7 Mar 2012 in National Assembly: Mr. Speaker, Sir, these are figures that I have actually extracted from the Report. The revised CBK rate--- view
• 7 Mar 2012 in National Assembly: Mr. Speaker, Sir, I do not quite understand the use of the terminology “correlation”. As I said, I have no interest in any commercial bank. I have no interest in CBK either. So, if there is interest that is known then, let somebody come and say it. I do not see the matter here. I think the intention here is to derail me from my argument and contribution, so that I lose my trend of thoughts and maybe, I do not prosecute. view
• 7 Mar 2012 in National Assembly: Mr. Speaker, Sir, the inter-bank rate is determined by demand and supply in the inter-bank market; that is, lending and borrowing. Nonetheless, the discount window is determined by the Central Bank rate plus a penalty. I would like hon. Langat to listen. In October, the CBK rate was increased to 11 per cent. So, begin looking at that table and look at the discount window rate and you will see that it is above 11 per cent. You will see the corresponding table; you will see that the discount rate from November up to December was 16.5 plus the penalty. ... view
• 21 Dec 2011 in National Assembly: Thank you, Mr. Deputy Speaker, Sir, for giving me the opportunity. I find it very difficult to relate the Finance Bill to the Motion for Adjournment. I do not see a relationship. Therefore, I do not want to argue on the basis of going for an adjournment. However, I want to say something very briefly about the Finance Bill, because it is so critically important. As the Chairman of the Finance Committee, we engaged the Minister on a number of issues. Subsequent to that, we had the problem of inflation and the exchange rates as a result of which several ... view
• 21 Dec 2011 in National Assembly: Thank you, Mr. Deputy Speaker, Sir, for giving me the opportunity. I find it very difficult to relate the Finance Bill to the Motion for Adjournment. I do not see a relationship. Therefore, I do not want to argue on the basis of going for an adjournment. However, I want to say something very briefly about the Finance Bill, because it is so critically important. As the Chairman of the Finance Committee, we engaged the Minister on a number of issues. Subsequent to that, we had the problem of inflation and the exchange rates as a result of which several ... view
• 21 Dec 2011 in National Assembly: Thank you, Mr. Deputy Speaker, Sir, for giving me the opportunity. I find it very difficult to relate the Finance Bill to the Motion for Adjournment. I do not see a relationship. Therefore, I do not want to argue on the basis of going for an adjournment. However, I want to say something very briefly about the Finance Bill, because it is so critically important. As the Chairman of the Finance Committee, we engaged the Minister on a number of issues. Subsequent to that, we had the problem of inflation and the exchange rates as a result of which several ... view
• 21 Dec 2011 in National Assembly: Thank you, Mr. Deputy Speaker, Sir, for giving me the opportunity. I find it very difficult to relate the Finance Bill to the Motion for Adjournment. I do not see a relationship. Therefore, I do not want to argue on the basis of going for an adjournment. However, I want to say something very briefly about the Finance Bill, because it is so critically important. As the Chairman of the Finance Committee, we engaged the Minister on a number of issues. Subsequent to that, we had the problem of inflation and the exchange rates as a result of which several ... view
• 21 Dec 2011 in National Assembly: Therefore, to me, it is better for us to do these things in a systematic manner rather than do it out of anger. We are all angry because these people have punished the ordinary mwananchi, but we must look at the overall picture and deal with the consequences in a systematic manner. So, personally, I propose that we go on the adjournment, but I also recommend that the Minister for Finance must engage us between now and the time we will come back, so that when we come back we have a definite solution. Mr. Speaker, Sir, let me tell ... view
• 21 Dec 2011 in National Assembly: Therefore, to me, it is better for us to do these things in a systematic manner rather than do it out of anger. We are all angry because these people have punished the ordinary mwananchi, but we must look at the overall picture and deal with the consequences in a systematic manner. So, personally, I propose that we go on the adjournment, but I also recommend that the Minister for Finance must engage us between now and the time we will come back, so that when we come back we have a definite solution. Mr. Speaker, Sir, let me tell ... view
• 21 Dec 2011 in National Assembly: Therefore, to me, it is better for us to do these things in a systematic manner rather than do it out of anger. We are all angry because these people have punished the ordinary mwananchi, but we must look at the overall picture and deal with the consequences in a systematic manner. So, personally, I propose that we go on the adjournment, but I also recommend that the Minister for Finance must engage us between now and the time we will come back, so that when we come back we have a definite solution. Mr. Speaker, Sir, let me tell ... view