John Sakwa Bunyasi

All parliamentary appearances

Entries 221 to 230 of 1058.

• 12 Nov 2019 in National Assembly: 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
• 12 Nov 2019 in National Assembly: I know salaries were low compared to today’s salaries. So, in addition to what we are attempting to do, I would recommend that if it is feasible, we should do an amendment by way of indexing it to the current pensions. That way they will move up. For example, in the presidential retirement package we should say the salary should not be less than 80 per cent of the current sitting president’s salary. This way, they can fight inflation as they go on. Hon. Temporary Deputy Speaker, I am convinced this is a fair proposal. Let us discuss it broadly. ... view
• 17 Sep 2019 in National Assembly: Thank you, Hon. Speaker. I will go straight to the point and thank the Chair of the Budget and Appropriations Committee and those who attended the meeting. view
• 17 Sep 2019 in National Assembly: In the spirit of going forward, one of the most critical lessons we are learning from the discussions is the issue of public debt. The House needs to be alert to the fact that public debt is not just approved when there is formal request before the Departmental Committee on Finance 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
• 17 Sep 2019 in National Assembly: and National Planning, but also as we approve the Budget. If we approve the Budget with the huge deficit we are essentially saying when it is implemented it will include deficit and then borrowing will take place. We need to be a lot more critical on the revenue estimates. The Kenya Revenue Authority has been getting off the hook and the National Treasury has been grandfathering them for too long. Therefore, we need to critically look at their performance levels in the Budget of getting the numbers for revenue with a high probability of success. I think the numbers we ... view
• 11 Sep 2019 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I stand with my friend Jude Njomo. We have had detailed debate. Even though we can share a drink, we have different perspectives on this one. I support the idea that we should lower costs to small borrowers so that they can finance the businesses they want to do. But, as a stance of Parliament in public policy, we should put the Government‟s feet to the fire. One, on the fiscal policy side, which is the expenditure side, the level of actual effective deficit is much higher than what comes to Parliament. Why? They ... view
• 11 Sep 2019 in National Assembly: application fee and whatever fee it is, this can be put into the equivalent of an interest rate so that when you borrow it says the loan you are taking at 5 per cent interest is effectively an annual rate of 18 per cent. Why? It is because there are all these other charges, so that we will be regulating the effective interest rate rather than the nominal interest rate that is quoted casually when we are borrowing. Banks know they will get around it. So, we need to look at that very carefully. Five, this restriction has made life ... view
• 11 Sep 2019 in National Assembly: Therefore, we do not know what the net impact would be if we asked for return of funds from the Ministries of Water, Roads or Education. We need a front-door squeeze of the expenditure level. We need to see where we are putting money and where we are taking it from so that the deficit can be seen in advance. That will help reduce the pressure that is making banks claim that they cannot make ends meet. So, the time is limited, but we are far from achieving the objective we want except a nominal reduction of interest rates. However, ... view
• 11 Sep 2019 in National Assembly: With those few remarks, I am pained to say that I cannot support this amendment because it is not as comprehensive as it should be to address the problem. view
• 6 Aug 2019 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I rise to contribute to this amendment Bill. I, obviously, support what has been agreed upon earlier. The amendment simplifies provisions in the earlier Act. I have no specific difficulty with the amendment as proposed. I think it is an opportune moment to comment on our overall approach. You have heard us, in this House, singularly talk about drought. We have disasters. Probably, we should take them in the same vein. I address this as if it is going to cover both droughts and other disasters. Drought-prone areas become flood-prone areas when they get ... view