All parliamentary appearances
Entries 1971 to 1980 of 7480.
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27 Feb 2019 in National Assembly:
I remember even in the 10th Parliament, I challenged the current President of the Republic of Kenya to declare his interest and he dutifully rose and declared his interest in the financial sector before he addressed the matter that we were canvassing. I just hope that Hon. Kimani Ichung’wah has raised this matter in good faith because I really do not understand why it is coming at this time. Thank you, Hon. Speaker.
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27 Feb 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to contribute to the Budget Policy Statement and the Debt Management Strategy for 2019/2020. When in the 10th Parliament we proposed that a BPS should be submitted to this House for debate and adoption, we expected certain things to happen. We expected a policy document that annually would set out overarching policy goals that would guide budget decisions on key programmes to be funded and how resources to fund them would be raised. That is the bare minimum we should see when we interrogate the PBS. It was our ...
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27 Feb 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to contribute to the Budget Policy Statement and the Debt Management Strategy for 2019/2020. When in the 10th Parliament we proposed that a BPS should be submitted to this House for debate and adoption, we expected certain things to happen. We expected a policy document that annually would set out overarching policy goals that would guide budget decisions on key programmes to be funded and how resources to fund them would be raised. That is the bare minimum we should see when we interrogate the PBS. It was our ...
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27 Feb 2019 in National Assembly:
Any Government worth its salt is supposed to have clear key programmes, outputs and outcomes within which we should be gauging how we are performing. That is why this document became necessary. The House can recall that when the former President, His Excellency Mwai Kibaki and the former Prime Minister, His Excellency Raila Odinga launched Vision 2030 in 2008, we had a lot of hope that through this vehicle the country would grow into a rapidly industrialising middle-income nation by 2030; a country which would have quality life and its citizenry and a clean and secure environment. We were to ...
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27 Feb 2019 in National Assembly:
Any Government worth its salt is supposed to have clear key programmes, outputs and outcomes within which we should be gauging how we are performing. That is why this document became necessary. The House can recall that when the former President, His Excellency Mwai Kibaki and the former Prime Minister, His Excellency Raila Odinga launched Vision 2030 in 2008, we had a lot of hope that through this vehicle the country would grow into a rapidly industrialising middle-income nation by 2030; a country which would have quality life and its citizenry and a clean and secure environment. We were to ...
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27 Feb 2019 in National Assembly:
My review of the BPS reveals that there is no serious effort to identify what we need to do to reach this target and recover on the lost time. If you take your time and look at the BPS, you will realise that the National Treasury is giving us routine pronouncements every year. There is no difference. In fact, I see it as a cut and paste document that is just used to entertain us and mislead this country that something serious is being done by the National Treasury to grow our economy and for the take-off. We have stalled ...
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27 Feb 2019 in National Assembly:
My review of the BPS reveals that there is no serious effort to identify what we need to do to reach this target and recover on the lost time. If you take your time and look at the BPS, you will realise that the National Treasury is giving us routine pronouncements every year. There is no difference. In fact, I see it as a cut and paste document that is just used to entertain us and mislead this country that something serious is being done by the National Treasury to grow our economy and for the take-off. We have stalled ...
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27 Feb 2019 in National Assembly:
The BPS we have today, just like that of the previous year talks of resilience of our economy, an indicator of hopelessness and resignation to fate. When you start talking of our economy being resilient, it means you have resigned to fate and you have accepted that we are in a position of hopelessness. The National Treasury which we have charged with the single most important responsibility of guiding policy direction or spelling out policy direction of the country needs to observe that resilience of an economy cannot be stretched beyond certain limits. The electronic version of the Official Hansard ...
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27 Feb 2019 in National Assembly:
The BPS we have today, just like that of the previous year talks of resilience of our economy, an indicator of hopelessness and resignation to fate. When you start talking of our economy being resilient, it means you have resigned to fate and you have accepted that we are in a position of hopelessness. The National Treasury which we have charged with the single most important responsibility of guiding policy direction or spelling out policy direction of the country needs to observe that resilience of an economy cannot be stretched beyond certain limits. The electronic version of the Official Hansard ...
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27 Feb 2019 in National Assembly:
The debt tolerance differs from country to country. Some countries can take more debt distress than others. Therefore, it is a lazy argument to continuously compare our debt tolerance to stronger economies like Japan. I agree with Hon. Kimani Ichung’wah on the figures and I will demonstrate that shortly. The National Treasury keeps mentioning that our economy is still capable of absorbing economic shock. That is actually misleading. Debt sustainability can only be achieved through taking painful decisions like expenditure cuts, controlling wage increases, increased tax, if it comes to that, which is very painful and above all, making corruption ...
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