9 Jun 2021 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to also contribute. I would also like to thank the Committee for a work well done. Despite the challenges due to Covid-19, the 2021/2022 Budget is the biggest in the history of this country at Kshs3.66 trillion. At the same time, it has the biggest deficit of Kshs900 billion. The total revenue projected is Kshs2 trillion and the other revenue basically from taxes is Kshs1.776. These revenue projections are based on economic recovery and stable micro-economic environment. The GDP is projected to grow at 6.3 percent and is supported ...
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9 Jun 2021 in National Assembly:
their ICT services and recruit more staff and train them so that they can collect revenue more efficiently. The country should go for concessionary loans, which are cheaper and have a long repayment period so that we do not strain the Exchequer. The country should also move quickly to embrace PPP projects. This concept was introduced in the country 10 years ago but since then we have had only two PPP projects. The current one, which is on-going, is the Expressway along Mombasa Road. We need more of these projects so that at least we can reduce pressure on the ...
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9 Jun 2021 in National Assembly:
With those few remarks, I support.
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6 May 2021 in National Assembly:
I, David Mwalika Mboni, MP of Kitui Rural Constituency, I vote yes.
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25 Mar 2021 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker, for giving me this opportunity to speak about this Motion on the Value Added Tax (Digital Market Place Supply) Regulations 2020. We are all aware that most of the big digital suppliers like Amazon and Alibaba operate in this country. These companies do not pay VAT or Corporate Tax. This brings unfairness to the local firms because most of the Kenyans buy from there and these companies do not pay tax to this country. Hon. Temporary Deputy Speaker, as we speak, tax revenue as a percentage of the Gross Domestic Product (GDP) ...
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25 Mar 2021 in National Assembly:
This has resulted to…
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25 Mar 2021 in National Assembly:
I was saying that we are seeing tax revenue as a percentage of the GDP going down from 25 per cent in 2013 to 17 per cent currently. This has resulted to high budget deficit, high borrowing, high debt servicing and slow economic growth. 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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25 Mar 2021 in National Assembly:
The low tax revenue has resulted due to taking long to adapt to some of these reforms as a country. So, these Regulations are very ideal to enhance tax revenue. Again, we need to think about the KRA and its funding. To me, KRA is underfunded. We need to make more funds available to KRA, so that they can enhance and reform their ICT systems and be able to collect more, hire more staff and train staff in tax collection. With those few remarks, I support. Thank you very much.
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25 Feb 2021 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to support this Motion on optimisation of revenue in grain handling services at the Port of Mombasa. The Port of Mombasa handles a lot of dry grains for Kenya, Uganda and all the neighbouring countries. In fact, it should be noted that this country imports 90 per cent of the wheat that we consume. However, we have only one firm that handles dry grain and that is a monopoly. A monopoly is a dangerous operator. It can dictate the price it can pay even to the port. It also ...
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