John Sakwa Bunyasi

All parliamentary appearances

Entries 61 to 70 of 1058.

• 23 Sep 2021 in National Assembly: Let me stop here and omit the other comment that I was going to make and simply say that I support. But I am concerned about the outstanding need to have verifiable spending limits brought into law. view
• 19 Aug 2021 in National Assembly: Thank you, Hon. Speaker. I want to make very brief comments on these three Petitions. Let me start with the issue of the NYS. It is a very good example of how financial governance really went wrong and it is continuing to go wrong. Even though bills are verified, it puts power in the hands of the managers on who to give and who not to, to pay off pending bills. When you aggregate this for the whole economy, you end up having a lot of money stuck there. If released, it will be a major stimulus package for this ... view
• 9 Jun 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker for giving me a chance to contribute to the discussion on the Budget Estimates. I support the Report of the Committee. I am also a member of the Committee. view
• 9 Jun 2021 in National Assembly: The Budget is very important. It is a cutting-edge instrument for development. It is the means by which we make the changes we aspire to make in our economy. It is the basis upon which policy can shift or be introduced, and expenditure can be approved and spent correctly or incorrectly. It is a very important instrument both for the State and our development. Look at our latest Budget. I have a number of concerns on it. I have some comments on where we are headed. We are headed in the right way, but not in the right scope. view
• 9 Jun 2021 in National Assembly: First and foremost, we have the issue of Budget realism which has been alluded to by other speakers. How realistic are the critical variables in the Budget and parameters? The most critical one is revenue. We have glossed over it in terms of the fact that we said we had achieved Kshs1.594 trillion on all the revenue. However, that is an estimate. We should correct that figure and say that is what we expect to achieve. We do not know that we shall achieve that. Be that as it may, the projected figure now that we expect in ordinary revenue ... view
• 9 Jun 2021 in National Assembly: Two, revenue drives the size of the Budget. The confidence that we will collect 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
• 9 Jun 2021 in National Assembly: Kshs1.8 trillion and when we include A-in-A, it will be over Kshs2 trillion, has made us go with big strides to Kshs3.66 trillion Budget. This huge Budget that we have is attractive at the time of presentation. What we, as Parliament, must look at is whether it is achievable and at what cost will it be achievable? Two, who will fund it? That should be the first question. It will go through taxation. Even if you borrow, you are delaying the time when you will tax Kenyans. My first concern is the degree of realism. Despite the confidence which was ... view
• 9 Jun 2021 in National Assembly: The third aspect I feel quite strongly is that we need to have an irreducible minimum as a nation. It is important for our sovereignty and it is important for protecting areas we care most about. My irreducible minimum, which can vary among various people, is that in a period of COVID-19, which is going to be with us, as we can all see, for some time to come, we should secure what it takes to be able to ride out the COIVD-19 impact. One of them is vaccines. I get quite desponded when they talk about vaccines, the first ... view
• 9 Jun 2021 in National Assembly: Thirdly, I am concerned about our ability to fund our development Budget overall. We have been given these figures and I guess people are getting tired of hearing the figures over and over again. But even if we achieve Kshs1.8 in ordinary revenue, revenue we generate from our taxation, and the commitments on debt payment are a trillion, that leaves only Kshs800 billion. But the requirements of the Consolidated Fund Services, including other things above the debt, are Ksh1.33 trillion. On the basis of this year’s achievement, it will only give Kshs300 billion and on the basis of the projected ... view
• 9 Jun 2021 in National Assembly: most individuals are now in loans. But you should take what you can in terms of what your debt service capacity is going to be and not in terms of who is willing to offer that. There are very many people willing to offer some good loans and some bad loans. So, debt has a major implication in how we walk through the process of developing our economy. If we do not get that right, it would torpedo our micro-economic framework, the framework we are projecting we shall have in terms of employment, job growth, additional savings and investments that ... view