6 May 2009 in National Assembly:
Madam Temporary Deputy Speaker, coming to the issue of Kazi kwa Vijana programme, I appreciate that this was a very good initiative, which I supported even in the Cabinet. This is a good initiative through which the Government has committed itself to spend Kshs15 billion. I would agree with the hon. Members who have said that programme must go to the constituencies. This is what I said, and what I will keep on saying, whether I am a Minister or the Member of Parliament for Butere Constituency. With Kshs15 billion, each constituency is likely to get about Kshs75 million. If ...
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22 Jan 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, I beg to reply.
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22 Jan 2009 in National Assembly:
(a) The month on month overall inflation rate for December, 2008, was 27.7 per cent, from 29.4 per cent in November, 2008. For the months of November and December, the underlying inflation which excludes food items and fuel prices due to volatility of their prices, was 10.6 per cent in December, 2008, compared to 12.3 per cent in November, 2008.
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22 Jan 2009 in National Assembly:
(b) The Government is aware of the hardships Kenyans are experiencing as a result of high inflation that has negatively impacted on the cost of living. Consequently, the Government has:-
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22 Jan 2009 in National Assembly:
(i) Increased investments in agriculture, infrastructure and energy. This will help to curb the supply side constraints.
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22 Jan 2009 in National Assembly:
(ii) Subsidized farm inputs, namely, fertilizer and farm seeds, and there are efforts to provide affordable credit.
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22 Jan 2009 in National Assembly:
(iii) The Government has zero-rated value Added Tax (VAT) on basic food commodities, which include wheat flour, milk and maize flour.
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22 Jan 2009 in National Assembly:
(iv) The Government has provided money for maize imports to improve availability and stabilize the prices.
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22 Jan 2009 in National Assembly:
(v) The Government has used monetary policy, including lowering the base rate from 9 per cent to 8.5 per cent in December, 2008.
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22 Jan 2009 in National Assembly:
(vi) The Government has also reduced the cash ratio by the Central Bank from 6 per cent to 5 per cent in December, 2008.
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