11 Mar 2020 in National Assembly:
Amendment of section 8 of No.29 of 2016.
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11 Mar 2020 in National Assembly:
39A. Section 8 of the Miscellaneous Fees and Levies Act, 2016 is
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11 Mar 2020 in National Assembly:
amended in subsection (3) by inserting the words “and
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11 Mar 2020 in National Assembly:
operation” immediately after the word “construction”. What we are attempting to do here is expand the usages of the Railway Development Levy to include paying operation. The operational costs, at the moment, have attracted a pending bill of about Kshs37 billion since 2017, the reason being that the revenue that accrues from the normal running of the Standard Gauge Railway (SGR) goes to what we call an escrow account to pay our loans. I confirm to the nation and the House that we have not defaulted. We have already started paying our loan. The only problem is that now we ...
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11 Mar 2020 in National Assembly:
Hon. Temporary Deputy Chairman, I want to plead with the House and Members…
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11 Mar 2020 in National Assembly:
Hon. Temporary Deputy Chairman, protect me.
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11 Mar 2020 in National Assembly:
Hon. Temporary Deputy Chairman, I want to persuade the House and explain a little. Let me explain that the reason we established this levy was to build the SGR. That should be understood very clearly. It was to build the SGR. It was a counter fund. Being a counter fund...
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11 Mar 2020 in National Assembly:
I will do that, but let me explain a little.
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11 Mar 2020 in National Assembly:
First of all, let us understand that it was supposed to build the SGR as a counter fund.
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11 Mar 2020 in National Assembly:
That is the truth. It was to build the SGR as a counter fund. It was a loan from China, but the loan cannot be used to pay for land compensation. Therefore, we brought in the levy…
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