Mohamed Faki Mwinyihaji

All parliamentary appearances

Entries 291 to 300 of 1994.

• 19 Mar 2024 in Senate: The National Treasury committed to bringing down the Present Value (PV) of debt as a percentage of GDP from 67.2 - 55 percent over a period of five years in accordance with the requirements of Section 50 of the PFM Act. The foreign public debt is composed of multilateral, bilateral and commercial creditors categorised as follows: - a) Kshs3.118 trillion as multilateral debts, accounting for 50 percent of total external debt; b) Kshs1.399 trillion bilateral debts at 23 percent; and, c) Kshs1.671 trillion commercial debts at 27 percent of which Eurobonds account for Kshs.1.141 trillion or 18 percent. Domestic debt ... view
• 19 Mar 2024 in Senate: (3) The debt service to exports (liquidity indicator) surpasses its 15 per cent threshold due to repayment of Eurobonds in 2024 and 2028, as well as the rollover of external bank loans in 2025 and 2026. (4) The breaches in the debt thresholds in terms of exports indicate increased vulnerability of public debt to export and financing shocks. It is clear from the cost and risks analysis of the current public debt portfolio that- (1) Depreciation of Kenya shilling against major currencies increased the nominal debt to Gross Domestic Product (GDP) ratio to 70.8 per cent in June 2023 from ... view
• 19 Mar 2024 in Senate: (3) The debt service to exports (liquidity indicator) surpasses its 15 per cent threshold due to repayment of Eurobonds in 2024 and 2028, as well as the rollover of external bank loans in 2025 and 2026. (4) The breaches in the debt thresholds in terms of exports indicate increased vulnerability of public debt to export and financing shocks. It is clear from the cost and risks analysis of the current public debt portfolio that- (1) Depreciation of Kenya shilling against major currencies increased the nominal debt to Gross Domestic Product (GDP) ratio to 70.8 per cent in June 2023 from ... view
• 19 Mar 2024 in Senate: Kshs151.00 billion which has the potential of worsening the debt position as commercial loans have higher interest rates. The Committee recommends- (1) THAT, consistent with the financing requirements underpinned in the 2024 BPS, the proposed fiscal deficit target of Kshs703.9 billion (3.9 per cent of GDP) for FY 2024/25 be approved. This is broadly in line with the proposed fiscal consolidation path, progressing to 3.1 per cent of GDP by Financial Year 2027/28. (2) THAT, the proposed borrowing strategy in the 2024 Medium-Term Debt Management Strategy (MTDMS) of 55 per cent for net external borrowing and 45 per cent for ... view
• 19 Mar 2024 in Senate: Kshs151.00 billion which has the potential of worsening the debt position as commercial loans have higher interest rates. The Committee recommends- (1) THAT, consistent with the financing requirements underpinned in the 2024 BPS, the proposed fiscal deficit target of Kshs703.9 billion (3.9 per cent of GDP) for FY 2024/25 be approved. This is broadly in line with the proposed fiscal consolidation path, progressing to 3.1 per cent of GDP by Financial Year 2027/28. (2) THAT, the proposed borrowing strategy in the 2024 Medium-Term Debt Management Strategy (MTDMS) of 55 per cent for net external borrowing and 45 per cent for ... view
• 14 Mar 2024 in Senate: Thank you, Mr. Speaker, Sir. I refer the witness to page 65 of the DG’s bundle. I can see you transferred Kshs70,000, three times on the same 28th. You had a handsome balance in the account, why did you not transfer the whole Kshs500,000 that evening through your account? Secondly, you said this debt which you were paying to Dr. Monda you borrowed the money in 2022. Is that not so? When was the last time you visited Dr. Monda before you went to his house on 28th May, 2023? view
• 6 Mar 2024 in Senate: Asante, Bw. Spika, kwa kunifa fursa hii kuchangia Ripoti ya Kamati ya Fedha na Bajeti ya Seneti kuhusu Taarifa ya Sera ya Bajeti ya Mwaka wa Fedha 2024/2025. Kabla sijachangia, Bw. Spika, najiunga nawe pamoja na Sen. Sifuna kuwakaribisha wanafunzi wa Chuo Kikuu cha Nairobi. Nilikuwa mwanafunzi katika chuo hicho miaka 34 iliyopita. Kwa hivyo, hata nami najivunia kuwa mmoja wa waliosoma katika chuo hicho. Ripoti hii ni muhimu sana kwa sababu inatoa mwongozo wa Serikali kuhusiana na masuala ya bajeti ya mwaka utakaoanza Julai mwaka huu na kuisha Juni mwaka ujao. Napongeza wanakamati kwa kuchambua sera hii na kuona ... view
• 6 Mar 2024 in Senate: . Kuna baadhi ya miji katika kaunti kama vile Nairobi, Kisumu na Mombasa ambayo ilikuwa inakusanya kodi ya viwanja kabla ya ugatuzi. Kaunti hizi zilikuwa zinalipwa contribution --- view
• 6 Mar 2024 in Senate: Is my brother, Sen. Onyonka, from the great County of Kisii, in order to say that he has never seen any Cabinet Secretary in Kisii, yet Cabinet Secretary Machogu comes from Kisii? view
• 29 Feb 2024 in Senate: Asante, Bw. Spika, kwa kunipa fursa hii kuchangia Ripoti ya Kamati ya Seneti inayohusiana na masuala ya uwekezaji na hazina maalum. Kwanza, naunga mkono Ripoti hii. Ni jambo la kusikitisha kwamba kaunti zetu zinadaiwa takriban Ksh80 bilioni. Hizo ni pesa za wale ambao wamestaafu na kwa sasa hawana mapato ya kila mwezi. Kaunti ya Mombasa ambayo nawakilisha inadaiwa Ksh9.43 bilioni. Jambo hili linaathiri kila mtu. Hata wale ambao wako kazini kwa sasa, uwezo wao wa kufanya kazi umeathirika kwa sababu mtu hajui akistaafu kama atapata malipo yake mapema au la. Niliwahi kufanya mkutano na County Public Service Board (CPSB) ya ... view