Henry Rotich

All parliamentary appearances

Entries 71 to 80 of 251.

• 14 Jun 2018 in National Assembly: Hon. Speaker, building a united nation in which every Kenyan has a decent living, access to economic opportunities and a chance to pursue their dreams is the pressing challenge facing us as a nation and one that the Budget must speak to. All of us, therefore, must heed the President’s call to boldly address the underlying challenges and work hard together in order to achieve our national aspirations. view
• 14 Jun 2018 in National Assembly: We must now seize the opportunity to accelerate our economic growth, create jobs for the youths, reduce poverty and share our prosperity. This is because we have a Government and a President who is fully committed to this resolve. We have a favourable global economic and trading environment, our domestic economic outlook is bright, we have a fiscal plan that supports growth, provides funds for our devolved governments while ensuring our debt remains sustainable. view
• 14 Jun 2018 in National Assembly: Our exchange rate, interest rates and inflation outlook are stable. We have development partners that are ready to provide both financial and non-financial support. We have foreign investors knocking on our doors and eager to invest in our country. We have creative and home- grown entrepreneurs ready to expand their opportunities and above all, our political environment has improved significantly over the recent months, thanks to the handshake. view
• 14 Jun 2018 in National Assembly: In the Budget for 2018/2019 that I will present shortly, we have balanced the need to provide resources to key priority areas to support enablers and drivers of the Big Four Plan and accelerate economic growth while at the same time ensuring that our public debt remains on sustainable path. view
• 14 Jun 2018 in National Assembly: Given the competing needs of our limited resources, we have had to make tough choices. We have curtailed resources going to non-priority areas following the zero-based budgeting approach that we have adopted. This has enabled us to redirect these savings towards the Big Four Plan and their enablers while continuing with pro-poor expenditures in health, education and protecting the vulnerable. We are clearly conscious of our limited fiscal space and we will be leveraging on the partnership between the private sector and the Government to deliver most of the Big Four requirements. Overall, we have moderated our spending and ensured ... view
• 14 Jun 2018 in National Assembly: Hon. Speaker, the rest of my statement focuses on economic context around which this Budget is prepared and details of various strategies aimed at creating jobs and transforming lives of Kenyans under the Big Four Plan. Thereafter, I will broadly outline the Fiscal Policy and the The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 14 Jun 2018 in National Assembly: Budget Framework for 2018/2019 Budget together with the tax proposals and priority expenditures as well as critical structural reforms that we intend to implement. view
• 14 Jun 2018 in National Assembly: We recently completed our Third Medium-Term Plan (MTPIII), which will guide us in achieving sustainable development goals as well as our Vision 2030 development objectives. Achieving our development agenda will require robust implementation of the policies and programmes outlined under the Big Four Plan. We need to do this by seizing the investment opportunities presented by the improving global and domestic environment. Global growth is projected to improve to 3.9 per cent in 2018 and 2019, from 3.8 per cent in 2017. This growth momentum is supported by a rebound in investments, trade and industrial production coupled with strengthened business ... view
• 14 Jun 2018 in National Assembly: Special Economic Zones (SEZ) Act. The Government will provide land in Naivasha for potential investors interested in setting up their activities in the SEZ to benefit from the SGR and cheap geothermal power generated nearby. We will also conclude the mode of financing the development of the Dongo Kundu SEZ in Mombasa, among others. We are taking actions to remove non-trade barriers within the EAC region. Together with other EAC partner States, we are working on the framework for the implementation of the EAC Non-Tariff Barriers Act, 2017. In addition, we have established an online reporting mechanism for non-tariff barriers. ... view
• 14 Jun 2018 in National Assembly: On food security, we plan to grow enough food to feed our people at affordable prices. Achieving this will require enhancing large-scale production by placing an additional 700,000 acres of land through PPP and by promoting investments in post-harvest handling as well as adopting contract farming and other commercial off-taking arrangements including supporting the development of agro-parks or hubs to serve as a link to farmers and markets. We will also support smallholder farmers by upscaling crop and livestock insurance and promoting use of appropriate farming techniques in addition to availing affordable credit facilities. view