All parliamentary appearances
Entries 111 to 120 of 251.
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14 Jun 2018 in National Assembly:
The strategic role of State corporations in the creation of a conducive business environment and the implementation and delivery of key development priorities cannot be gainsaid. To ensure that those corporations continue to play a critical role in the delivery of our economic and social agenda, we will undertake key reforms aimed at addressing systemic weaknesses in the parastatal sub-sector, as well as address specific challenges facing individual institutions. To address these challenges and align the mandates of specific corporations to “The The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report ...
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14 Jun 2018 in National Assembly:
Big Four” Plan, we will implement specific restructuring measures, including: 1. Reforming the Agricultural Finance Corporation (AFC) to help deliver on food and nutrition security; 2. Merging of the Industrial and Commercial Development Corporation (ICDC) with the Industrial Development Bank (IDB) and the Tourism Finance Corporation (TFC) to create the Kenya Development Bank with enhanced capacity to meet the financing requirements of key sectors; 3. Implementing initiatives to address the challenges of Government investments in the banking sector.
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14 Jun 2018 in National Assembly:
Hon. Speaker, we will also review the privatisation programme with a view to identifying, unlocking and prioritising transactions with high impact potential in the implementation of the national development agenda. In this regard, we seek the co-operation of key political actors, without whose support the programme will not succeed.
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14 Jun 2018 in National Assembly:
Kenya’s aviation sector has faced a steady decline over the last decade, characterised most notably by the turbulent performance of the national carrier and the loss of business by Jomo Kenyatta International Airport (JKIA) to other competing regional hubs. If Kenya has to achieve its objective of being a premier aviation hub in the region, it has to begin to look at its aviation assets more strategically as key contributors to Gross Domestic Product (GDP). This starts with having a world-class national airline and world-class airports, starting with JKIA as the main gateway to the country. We will, therefore, restructure ...
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14 Jun 2018 in National Assembly:
We are presently in the process of establishing the National Toll Fund as a special fund to support the development of world-class national trunk roads, key among them, are the Mombasa to Malaba and Busia, as well as Lamu to hinterland destinations. Under the Public Private Partnership (PPP) Programme, two roads annuity projects have reached financial close, namely the Ngong-Kiserian-Isinya Road and Kajiado-Imaroro roads. These roads will shortly progress to construction. We have also signed contracts for six other projects namely: 1. The 1050Megawatts (MW) Lamu Coal Power Plant; 2. 3 PPP projects to deliver 105MWof Geothermal Power at Menengai; ...
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14 Jun 2018 in National Assembly:
Hon. Speaker
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14 Jun 2018 in National Assembly:
Hon. Speaker, in April 2018, I submitted the Budget Estimates, together with the accompanying documents. As I conclude, I further submit the following documents to this august House: 1. The Budget Statement. 2. The Finance Bill, 2018. 3. The SACCO Societies (Amendment) Bill, 2018. 4. The Capital Markets (Amendment) Bill, 2018. 5. The Insurance (Amendment) Bill, 2018. 6. The Financial Statement for Financial Year 2018/2019. 7. The Estimates of Revenue, Grants and Loans for Financial Year 2018/2019, and 8. The Statistical Annex to the Budget Statement for Financial Year 2018/2019 Thank you very much. God bless you, God bless Kenya.
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30 Mar 2017 in National Assembly:
Hon. Speaker, it is my singular honour to present the Budget for the Financial Year 2017/2018; the fifth Budget under the Jubilee Government. The Budget is the first in our history to be presented before the month of June. We have brought forward the reading of the Statement in order to allow the Honourable Members to approve the Appropriation Bill in time and focus on the elections scheduled for 8th August 2017. Hon. Speaker, we have consulted our Partner States in the East African Community (EAC) on the timing of the budget presentation and have agreed that Kenya can proceed ...
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30 Mar 2017 in National Assembly:
Kshs1.515.5 bilion in 2016/2017, a 51 percent increase. Since 2013, our economy has generated a total of 2.3 million new jobs. In 2015 alone, 841, 600 new jobs were created with similar levels expected in 2016. Kenyans and their properties are more secure today following the heavy investment in the security sector – The number of police vehicles has risen from 3,155 in 2013 to 6,363 in 2017. Hon. Speaker, with regard to infrastructure, the movement of goods and people around the country has been made cheaper and more effective through expansion of most roads, seaports and airports. On the ...
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30 Mar 2017 in National Assembly:
While finalising this Budget, we consulted Kenyans from all walks of life. I want to thank the contributors for their keen interest in wanting Kenya to develop and prosper. Allow me, Hon. Speaker, to sample a few of the contributions. Both Mr. Muito and Mr. Suresh from the Nairobi City County underscored the need for the Government to allocate resources and to provide tax incentives to support industries. I fully agree with this sentiment, the Government is keen on facilitating our industries to create jobs and expand our manufacturing base, including for exports. I will, therefore, be detailing some tax ...
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