Henry Rotich

All parliamentary appearances

Entries 181 to 190 of 251.

• 12 Jun 2014 in National Assembly: Fourth, we will develop and enforce cost benchmarks for all projects and consumables to assure value for money. At the same time, we are strengthening capacity of budget performance and setting a performance benchmark for absorption of development budget of at least 80 percent. Similarly, we will undertake expenditure tracking and value for money audits to ensure accountability and efficiency and effectiveness in the use of public resources at both levels of Governments. As part of efforts to combat waste, the budget allocations for consultancy services, travel and hospitality have been curtailed, which will contribute to savings going foward; and, ... view
• 12 Jun 2014 in National Assembly: On the revenue side, we are aware of the need to mobilize more domestic resources for our transformation agenda. Therefore, we will strengthen revenue collection effort by bringing into the tax net all potential taxpayers. This entails implementing reforms to enhance revenue administration capacity; simplifying and modernizing tax legislations; and leveraging ICT to enhance tax compliance. Further, as directed by His Excellency the President during the 2013 Taxpayer Day, we have finalized the Draft Inland Revenue Agency Bill and Customs and Border Services Bill, and we shall shortly submit them to this House. The enactment of these two Bills and ... view
• 12 Jun 2014 in National Assembly: We are also deepening structural reforms through this Budget in order to improve efficiency and total factor productivity in order to facilitate private sector growth for more jobs to our youth. view
• 12 Jun 2014 in National Assembly: First, we are deepening financial sector reforms to create a vibrant, accessible, efficient and globally competitive financial sector that promotes high levels of savings to 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. view
• 12 Jun 2014 in National Assembly: finance our transformation agenda. One of our key objective in this regard will be to operationalize the Nairobi International Financial Centre; Second, we shall submit to this House in 2014, a new Central Bank of Kenya Bill, the Financial Services Authority Bill and subsequently, all the financial sector regulatory Bills. Thereafter, we shall seek to establish a broader framework including the National Treasury, Financial Services Authority and Central Bank of Kenya to coordinate overall financial stability in the economy. view
• 12 Jun 2014 in National Assembly: These measures, together with other measures proposed by the Committee on Interest Rates that were recently announced, including introducing the Kenya Bank Reference Rate (KBRR) and the transparent disclosure of bank charges through the Annual Percentage Rate (APR), are expected to drive average interest rates downwards, thus making credit affordable and accessible to as many Kenyans as soon as possible. view
• 12 Jun 2014 in National Assembly: Third, we are committed to making it easier for all small scale businesses to start business, acquire trade permits, register property, access credit, file and pay taxes and trade across counties and countries so as to position them as creators of new jobs and new products. In this regard the e-Registry will be made fully operational in the Financial Year 2014/2015 to enable small scale businesses to apply, pay for and acquire licences for their business with ease. view
• 12 Jun 2014 in National Assembly: Fourth, we will also rationalize all regulatory fees and the other charges and establish an institutional framework for the management of their imposition and variation. This will safeguard and encourage growth of investments and businesses throughout the country. Further, we have made provision for the establishment of a state of the art one-stop-investment-shop and expansion of the one-stop public service centres, popularly known as Huduma Centers, to make it easier for all investors to set up businesses; and finally, view
• 12 Jun 2014 in National Assembly: Fifth, we are taking the war against corruption a notch higher. The institutional capacity of the Ethics and Anti-corruption Commission and the Office of the Public Prosecutor will be strengthened in order to enhance economic crime investigation, prosecutorial and recovery of corruptly acquired assets. Reducing corruption will lower the cost of doing business and help create jobs. view
• 12 Jun 2014 in National Assembly: ( Applause ) view