Hon Mohamud Sheikh Mohammed

All parliamentary appearances

Entries 91 to 100 of 201.

• 16 Oct 2019 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I appreciate that I have the time to support the Bill. Our Constitution is clear and wholesome. Therefore, Article 100 of the Constitution requires Parliament to enact legislation that promotes the representation in Parliament of minority groups, in particular, people with disabilities, the youth, ethnic minorities and marginalised communities as well as women. Given that that Article is already in provision, it is way overdue. The year 2015 was the expected date within the five years that this Bill should have been proposed and legislation put in place. I have a very short time ... view
• 9 Oct 2019 in National Assembly: Thank you, Hon. Speaker. I rise to oppose this Motion. Let us debate facts and figures. Let us debate the reality in the country. This country requires to be salvaged from debt that has grown exponentially. Therefore, on that note, I oppose the Motion in the sense that the debt ceiling must be recorded accordingly and the amount of money that we borrow is always exponential. view
• 9 Oct 2019 in National Assembly: Fiscal consolidation of our budget is critical. Budget versus expenditure is what we need to do. What I want to clearly oppose is that the debt ceiling must be fixed to a particular percentage. That is the crunch point here. If it is 50 per cent, let us remain there. Open ended does not work in any books of accounts anywhere. view
• 9 Oct 2019 in National Assembly: Our debt percentage to our GDP is what gives the leverage to borrow. Therefore, that percentage must be clearly locked out. If we say it is 50 per cent, we should remain at that and if we set it at 100 per cent, we must remain at 100 per cent. view
• 9 Oct 2019 in National Assembly: Let me pull out some figures. Japan had a debt level to its GDP of 238.20 by December 2018. Japan is not Kenya and Kenya is not Japan. Japan is backed up by industrialisation, modernisation, mechanisation and other factors and it borrows from itself. So are Italy, Singapore and the USA. Therefore, unless we stand to say that our debt ceiling should be this level, we will be giving a blank cheque to ourselves to the benefit of our debtors. Let me put it this way. Our GDP growth has been sluggish. I am not contradicting myself. I wonder whether ... view
• 9 Oct 2019 in National Assembly: have a safeguard for what our debt ceiling should be. It must be clearly spelt out in the Report. We have to say it at this level. That is where my argument comes from. view
• 9 Oct 2019 in National Assembly: In the past, we reached 78.30 per cent debt to the GDP. Therefore, the national debt having come down to 58 per cent is in itself an achievement, but that does not necessarily mean that we can borrow the much we want. Our debt ceiling must be specified in terms of how much it is and where it will be. It must be specified. It must be clearly outlined. That is why we are debating this. view
• 9 Oct 2019 in National Assembly: Thank you, Hon. Speaker. My argument is clear. I do not need to get back to it. I stand by my position. We must set the limit to the particular percentage value lest we find ourselves being bought out, as a country, anecdotally, like Zambia by China. Japan, Italy and other developed countries have bigger debts, but all of them have set their debt ceilings. I am well informed. I need not to be informed. view
• 9 Oct 2019 in National Assembly: The balance sheet of this country seems to be going haywire. That is what makes me stand and say that we must have that particular specification. There is no debt equilibrium. So, we need to borrow more. It should not be the case that we should be doing so. view
• 9 Oct 2019 in National Assembly: With those remarks, I rest my case and I oppose the Report until we have clear-cut information that is sufficiently debated. view