Maina Kamanda

All parliamentary appearances

Entries 371 to 380 of 496.

• 20 Feb 2014 in National Assembly: (iv) The Attorney-General also confirmed that the Government of Kenya has not yet signed any financial agreement, and that the loan from the Exim Bank of China is undergoing internal credit approval, after which the loan document will be submitted to the Kenyan Treasury for perusal and onward transmission to the Attorney-General for his opinion. Hon. Speaker, regarding the debt sustainability and the loan payment, hon. Members noted that the National Treasury has undertaken debt sustainability analysis to ensure that the SGR loan is sustainable and is within the debt policy parameter. It was The electronic version of the Official ... view
• 20 Feb 2014 in National Assembly: noted that even in 2018, at the end of the construction period, when the repayment of the principal sum will be due, the present value or the public sector debt ratio to the GDP, with the SGR in place, will be 43.8, well below the threshold of 56. The loan will not, therefore, breach the Kenyan debt sustainability threshold. With regard to the loan repayment, the Committee noted that the Government of the Republic of Kenya has put in place sustainable mechanisms to meet the cost of the loan during their tenure, including a railways development fund, budgetary allocation and ... view
• 20 Feb 2014 in National Assembly: After going through all these documents and reports that I am going to table, we thought it is good, as a Committee, to also come up with recommendations. They are as follows:- (i) The Government should proceed with the process of implementing the Mombasa-Nairobi Standard Gauge Railway Project due to the promising benefit that will accrue to the people of Kenya during the construction period and upon the completion of the project. (ii) The Government of Kenya should fast-track the signing of the financial agreement between Kenya and the Government of the People’s Republic of China to enable the commencement ... view
• 20 Feb 2014 in National Assembly: about personal interest.” That is because all the people who came to talk about it were talking about personal interest and not about the development of this country. On behalf of this Committee and pursuant to Standing Order No.199 (5), it is my pleasant duty to table in this House the full Report of the Departmental Committee on Transport, Public Works and Housing on the Inquiry into the Tendering and Construction of Nairobi-Mombasa Standard Gauge Railway. Thank you. The documents that I am tabling – and I want to mention it here because they are all here - is a ... view
• 20 Feb 2014 in National Assembly: Hon. Speaker, I appreciate the comments from the Member. All what he has asked on the comparison between the Ethiopian line and even the one that will be constructed in Uganda is in the report. Their cost is higher than what Kenya is paying. So, the comparison is already in the report. It is only that I had no time to go through the entire report. view
• 20 Feb 2014 in National Assembly: Hon. Speaker, I want to assure hon. Mbadi that one of the annexures is a feasibility study report. So, you can go through it. We have produced over 240 copies as of now. At the time Members will be getting out, if you do not have a copy, pick one from here. On the matter of His Excellency the Deputy President interfering in anything, nobody mentioned the name of the Deputy President anywhere. On the contradiction the Member has talked about, about the Attorney-General and maybe his officers, the Attorney-General personally came and he is the one who confirmed to ... view
• 20 Feb 2014 in National Assembly: Hon. Speaker, in the process of implementing the project, all those things will be looked into. I want to assure the Member that those are the things that the Ministry and the Kenya Railways are working on now. Once the document comes from China and it is executed on this side, those are the things that are going to be looked into, so that socially and economically we are prepared. view
• 20 Feb 2014 in National Assembly: Hon. Speaker, I want to start with the issue of due diligence, because you have talked about the Principal Secretary (PS), who was the leader of delegation. He did not go to China alone; at the time he was Managing Director of Kenya Railways. He was accompanied by officers from officers from the Ministry of Transport and the Treasury; they were18 in total. view
• 20 Feb 2014 in National Assembly: This is not the first time that Kenya was handling this kind of project and sending out delegations for due diligence; this Government has been doing that. We also have to trust Government officers, whom we sent to carry out the jobs. They represent the people and are not retired; they are still working to support this project. I want to tell the hon. Member that the Committee was satisfied with them. 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
• 20 Feb 2014 in National Assembly: When you go through the report you will find we have addressed all the questions you have asked. We have shown the due diligence done, the people, which companies they visited and what they inspected, all is there. It is only that we do not have time to take you through the report bit by bit. view