24 Jul 2024 in National Assembly:
You know, the Finance Bill has been used as a bait because I remember when the Chairman of the Budget and Appropriations Committee moved the appropriations of this financial year, everybody was very happy. I remember there was foot thumping and ululations in this House. People were appreciating what a beautiful budget it was now that every constituency was to get an additional Ksh50 million for National Government Constituencies Development Fund (NG-CDF), an additional Ksh50 million for electricity, there was money for Junior Secondary School (JSS) The electronic version of the Official Hansard Report is for information purposesonly. A certified ...
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24 Jul 2024 in National Assembly:
and money for mopping out excess milk in the market so that we can cushion the farmers from losses. There was also money for coffee-cherry funding. Therefore, it was a beautiful budget and everyone out there was full of hope that, as a country, we are moving and this would be a year of boom.
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24 Jul 2024 in National Assembly:
Unfortunately, we had not told Kenyans where we would get the money from. Issues to do with fiscal policy are not easy. This is because you are now setting the base for taxation and it has to be consistent in terms of fiscal discipline because you do not have to keep on changing goal posts. I still believe that, as a country, we have lost big time. We have lost an opportunity to recover a whopping Kshs.400 billion that is taken over every year by cartels who keep on claiming tax refunds in terms of zero-rated commodities that are in ...
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24 Jul 2024 in National Assembly:
We have lost an opportunity to legislate so that then, instead of even taxing more, we would have a whole Kshs400 billion in our hands just to appropriate it and do the things that the speaker who was ahead of me has enumerated - the Ksh400 billion that is going to waste. I think in as much as we have lost in the Finance Bill, we need to be bold enough so that we take the bull by its horns and make sure that this money is not claimed. This House has every ability and capability to freeze and make ...
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24 Jul 2024 in National Assembly:
We know that this money goes to some claimants who are manufacturers, milk industries, bread and all. Actually, a lot of the noise that we are hearing is amplified by those cartels and, therefore, as a House, it is incumbent upon us to do what we need to do and stop those cartels. I have taken keen interest to look at this appropriation and I must say that I am disappointed to some extent and especially to do with infrastructural allocations. That is on roads. That is because the Kshs50 billion that is allocated for this financial year is not ...
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24 Jul 2024 in National Assembly:
I will give a case study of my constituency. You know in politics you have to think globally, but act locally because, at the end of the day, we represent people at the grassroots. A road in my constituency called Ndunyu Njeru-Ihithe Road has been launched by two presidents. Two contractors have come and left because they are not paid. The current contractor is owed to the tune of Kshs7 billion because he has other roads and there is no single allocation. That road cannot be built using Kenya Rural Roads Authority (KeRRA) money that is the 22 per cent ...
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24 Jul 2024 in National Assembly:
commercial banks should be held in the Central Bank of Kenya (CBK) in a single treasury account so that the Government does not borrow its own money.
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24 Jul 2024 in National Assembly:
At one point I got shocked! If we are talking of…
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24 Jul 2024 in National Assembly:
Thank you, Hon. Temporary Speaker for your magnanimity. I was saying that we have so much money. I was talking about the Housing Levy. There is a proposal that the money be invested in Treasury Bonds. I, therefore, asked who is going to pay interest on its own money. It is Government that is saying: “We are going to pay interest on our own money!” That does not make sense. We do not need to borrow money when we have money that is in the account called the Housing Levy. What we need do is to change the law so ...
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25 Jun 2024 in National Assembly:
Hon. Chairlady, I rise to support this amendment by the Chairlady of Kenya Women Parliamentary Association (KEWOPA). We are trying to encourage local manufacturing and once we exempt raw materials from tax we will create employment. Thank you.
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