29 Jun 2021 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker. I am just wondering whether Hon. Njomo is in order to sit where he is seated and yet, the seats are labeled very correctly where the Member should sit. We should take the COVID-19 protocols very seriously and lead by example.
view
29 Jun 2021 in National Assembly:
On a point of order, Hon. Temporary Deputy Speaker.
view
29 Jun 2021 in National Assembly:
Thank you very much Hon. Temporary Deputy Speaker. I have been sitting here for quite some time and I rise under Standing Order No. 95. We have exhaustively debated this Bill and we are now repeating ourselves. I rise under Standing Order No.95 that the Mover be now called upon to reply.
view
9 Jun 2021 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker for giving me this chance. It is good to be back after I was chased away. Fortunately, the same reason that made me…
view
9 Jun 2021 in National Assembly:
Thank you, I am so happy that Reggae actually stopped. I rise to give my contribution to the agenda before this House. On the issue of budget- making both in terms of macro and even micro in terms of our own budget-making processes as individuals, there is resource, that is the income and also the expenditure part. There is the “in” and the “out” part. Looking at the Budget Estimates currently that we are discussing, I have to say that I am grossly disappointed by the lethargy that has been exhibited by the National Treasury, of course, hiding under the ...
view
9 Jun 2021 in National Assembly:
Therefore, in theory yes, we are a budget-making House but, in practice, Kenyans need to know that the Budget of this country is made by the Executive and the buck stops with the President who has appointed the National Treasury CS. I must say I am very disappointed because looking at the size of the Budget that we ought to read and the mismatch between the revenues and the expenditure, it is very disheartening. We have continuously been collecting about Kshs1.6 trillion and I do not know which magic we are going to undertake for us to have revenues in ...
view
9 Jun 2021 in National Assembly:
We have to know and actually talk about it because many times you hear the so-called experts from the Executive, who are promoters of their ideologies in this House, talk about other countries’ borrowings and, of course, give the examples of Japan and the USA, which are in excess of what we have borrowed in terms of debt to GDP ratio. However, there are some issues that we do not dig to find out. For example, when you talk about Japan, almost her entire debts are actually borrowed domestically – they are not domestic in terms of crowding out the ...
view
9 Jun 2021 in National Assembly:
economies. For example, the biggest lender to the US Government is actually the Japanese Government – in excess of 1 trillion US Dollars. Therefore, the Kenyan economy can never be compared with economies like Japan, the USA and many other economies that have been cited by the Treasury to confuse this House and Kenyans.
view
9 Jun 2021 in National Assembly:
There is also the analogy that historically, political and economically, it is only dictatorial regimes that actually over-borrow. It is said that they over-borrow because they want to enjoy the privilege of having development now for other people to pay in the future. They want to enjoy the privilege of borrowing and enjoying now but they want the responsibility of paying back to go to future generations. I am, therefore, challenging the regime that we have to drop this dictatorial manner of borrowing for us to be applauded now and at the same time, over-burden Kenya’s future generations. I say ...
view
9 Jun 2021 in National Assembly:
Too bad. Hon. Temporary Deputy Speaker, as I try to condense within that one minute, I think we have to be very serious as a country. Macro-economy and fiscal discipline is lacking. We cannot purport to present such a huge Budget while we militarize our economy and the enterprises that are supposed to generate revenue for KRA to collect. I also have to say that we have to regenerate our economy and refocus on the productive side of our economy. If you look at our economy, the sectors that are actually thriving are facilitative. The productive side of the economy ...
view