9 Oct 2019 in National Assembly:
Hon. Speaker, I rise to support this Motion. When people from the National Treasury appeared before this House for the past four years, they kept talking about percentages. When you asked them about the country’s debt, they told you we were at 48 per cent of the GDP. Many laymen do not even understand what 48 and 47 per cent of the GDP means. But when you give someone a figure and tell him that our figure of debt is Kshs5 trillion and our ceiling is Kshs9 trillion, as a layman, they can understand what the country’s debt is. When ...
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9 Oct 2019 in National Assembly:
People who came here with small parties should not talk when a Whip is talking.
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9 Oct 2019 in National Assembly:
Hon. Speaker, debts have been used in the world to revamp economies. When the World War II happened, the international bank invested a lot of money in Europe and revamped it to what it is today through debts. As much as we want to do our duty as a House to set the debt ceiling and to make this painful decision today, we must also accept the mistakes that have been committed before. Our use of this debt was not prudent in this country for the last few years and The electronic version of the Official Hansard Report is for ...
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9 Oct 2019 in National Assembly:
we must admit it. We have borrowed heavily and sometimes spent money in a very awkward manner to the extent where we almost committed some economic genocide in this country. What has convinced me to support his debt ceiling today is the war on corruption. When I realised that the war on corruption has serious political support, all the way from the President to the Speaker, I was convinced that this money will be spent in a good manner. All the money that was borrowed for Kimwarer and Arror went down the drain. It went into people’s pockets. If we ...
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9 Oct 2019 in National Assembly:
Having said that, I want to ask Members to support this Motion. It is in the interest of the country. The National Treasury should use the borrowed money to retire all the expensive loans that were borrowed for special purpose vehicles of stealing. I have been told that some of the borrowings we will do under this new ceiling will be used to retire the expensive loans that we have. That is what the Cabinet Secretary for the National Treasury told Parliament in the Budget and Appropriations Committee. Some of those loans were borrowed for special purpose vehicles to loot. ...
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9 Oct 2019 in National Assembly:
No! I cannot talk about Hon. Mbadi. The Chairman of the Budget and Appropriations Committee is not doing his job. He is sleeping on the job. He is supposed to oversee and make sure that these debts are used prudently. We have failed in our oversight responsibility. This House must hold the Cabinet Secretary for the National Treasury to account for every shilling that we borrow on behalf of the Kenyan people. It is our responsibility. That is why we were elected to come to this House. However, the Chairman has been performing rituals over the years in budget-making. This ...
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9 Oct 2019 in National Assembly:
Okay, Kshs500 billion and it is through the Budget and Appropriation Committee Chairperson who is aspiring to be the Minister for Finance in the
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9 Oct 2019 in National Assembly:
government in 2022. I am very annoyed, but I support the Motion. Thank you.
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9 Oct 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.
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8 Oct 2019 in National Assembly:
Thank you. Hon. Speaker, the question that is being canvassed is whether a CAS can answer questions in Parliament or not. These people are called Chief Administrative Secretaries. Chiefs are in the villages but the CASs are in Nairobi. I believe those are meant to be like Assistant Ministers. In the old format of Parliament, Assistant Ministers like Hon. Duale used to answer questions on the Floor of the House. That is what the Executive was trying to copy by using a bypass but not the main highway to get to that position. I do not know whether the Ministers ...
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