25 Feb 2021 in Senate:
from a budget of below Kshs3 trillion to Kshs3.01 trillion, what are you consolidating yet the expenditure is growing?
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25 Feb 2021 in Senate:
We are talking about 0.6 per cent economic growth in this financial year without proposing serious measures that inject a stimulus that this year we will move to 5.4 per cent. I am not sure the Committee interrogated what measures are being proposed for that jump from 0.6 per cent to 5.4 per cent because that is our work. We should interrogate and propose that, but we are in the fourth quarter. Is seven per cent growth in 2021 plausible? I am not sure because COVID-19 is not done. You will remember that last year, His Excellency the President did ...
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25 Feb 2021 in Senate:
The report states that the net credit to the private sector expanded to 8.2 per cent by November, 2020, and that net credit grew by 17 per cent, which was different by 42 per cent growth in net credit to the public sector. Therein lies our biggest problem and I am glad the Vice-Chairperson has mentioned it. We can be awed by numbers, but is there money in the pockets of Kenyans? For the longest time, Kenyans feel there is no money in their pockets because they have been crowded out of the domestic market by the Government. Mr. Speaker, ...
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25 Feb 2021 in Senate:
So, the issues of debt from the domestic market and the budget deficit must be addressed if we want to rescue this country and save our economy, and for the future. The biggest project that this Government does every year is paying our debt. We send more than thrice the amount of money we give to counties. We hit Kshs1 trillion annually yet we are fighting for Kshs370 billion to the counties. So, the biggest project is our debt payment. Another issue is the non-concessionary loans that are domestic in nature. I wish I was a Member of that Committee, ...
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25 Feb 2021 in Senate:
of cover anymore. The revenue outlook and import cover may not be realistic. If you look at sectoral expenditure, the focusing is not good. Mr. Speaker, Sir, we have spoken about post-COVID-19 economic recovery strategy. I would challenge the Chairman of the Standing Committee on Finance and Budget or any Member of the Committee to give us five points in that post-COVID-19 economic recovery strategy apart from the high-sounding words you were told by the National Treasury and stakeholders. It is mouthful and sounds smart when you say ‗post- COVID-19 economic recovery strategy,‘ but what are the five activities? You ...
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25 Feb 2021 in Senate:
with four facilities and policy. Their budgets are bigger than many of the counties combined. That money should be transferred into the kitty of equitable share and not the national Government saying where it must go to. That is the work of the Senate. The Cash Disbursement Schedule must be followed. I am very happy and proud as a Senator because I brought Kshs15 billion in the first year and because of that fight, we have gone to Kshs19 billion. Nairobi City County with a budget of Kshs37 billion this financial year - we are in February - has only ...
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25 Feb 2021 in Senate:
The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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25 Feb 2021 in Senate:
On a point of order, Mr. Temporary Speaker, Sir. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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25 Feb 2021 in Senate:
Mr. Temporary Speaker, Sir, this is now becoming a hot potato that Sen. Mutula Kilonzo Jnr. wants to pass to me because he is now a coalition member. In fact, he accompanied his party leader to the Jubilee headquarters to join this party, let him take the blame equally. Let them take the blame equally. Secondly, I do not own the Government; I am also a Member of Parliament in Jubilee. I have repeatedly questioned what I think is not right and supported what I think is right, and I will continue doing so. So, he is a coalition partner, ...
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24 Feb 2021 in Senate:
Thank you, Mr. Speaker, Sir. First, I want to congratulate Sen. (Dr.) Mbito for bringing this Statement, and I urge that you would direct it to him as the Chairperson of the Committee on Health. The issues that he is talking about are very important. Mental health has had stigma for a long time. I am glad that when Sen. Kassanga was doing her publication, she titled it the phrase that I had said on the Floor that “It is okay not to be okay”. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version ...
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