Zachary Kwenya Thuku

All parliamentary appearances

Entries 51 to 60 of 454.

• 8 Aug 2024 in National Assembly: Thank you, Hon. Temporary Speaker. I thank our Vice-chairman for the powerful address as he moved this Motion by the Committee. I second and support this report that emanated from our sittings as Members of this Committee. In my support, I take a three-pronged approach because I want to talk about three things. We can do nothing much about Consolidated Fund Services expenditures because they are the first charge of the Consolidated Fund Services. We have to pay our debts, the offices of the President and Vice President, independent commissions, and other independent offices, and of course, that comes as ... view
• 8 Aug 2024 in National Assembly: stability of the Kenya Shilling. Our shilling continues to be strong as it is today despite the ongoing protests. I had an opportunity to engage in foreign exchange yesterday and found out that the dollar was changing at Ksh130. That means we have had sustained stability in our shilling for quite some time. view
• 8 Aug 2024 in National Assembly: An issue has been mentioned on the Single Treasury Account. As much as we want to take care of local banks, it is self-defeating for every government agency and entity in a country like Kenya to have bank accounts in commercial banks. Looking at our borrowing mix, you will see that the money we borrow is a chunk. Now, proposed domestic borrowing is 55 per cent and foreign borrowing is 45 per cent. This 55 per cent means we will borrow in excess of Ksh400 billion locally. All these monies are going to come from commercial banks. Let us look ... view
• 8 Aug 2024 in National Assembly: Thank you, Hon. Temporary Speaker, for your magnanimity and generosity. On the Single Treasury Account, we are saying that no government entities and corporations should run unwarranted bank accounts. We should have one account and consolidate all monies in the Central Bank of Kenya. We do not need to go to commercial banks in the event the government wants to borrow any idle money. Government can spend its own money and keep pushing monies to entities that require them as they collect when they require them. We have witnessed massive corruption through government entities having bank accounts in commercial banks ... view
• 8 Aug 2024 in National Assembly: I would also like to speak about pensions. We have not paid lump sum payments to pensioners who retired five or ten years ago. There is authority to spend from the Consolidated Fund. You hear they are not paid because of liquidity or other issues. That is not the issue. We must pronounce ourselves on this as Parliament. Much corruption is happening. You cannot convince me on why they have not paid someone who retired in 2020, yet the one who retired in 2024 has received the lump sum payment and their monthly pension. We need to look into that. ... view
• 8 Aug 2024 in National Assembly: I want to support this Report and bring Members up to speed on the need to focus on public debt. It is depressing in this country. I second the Report. view
• 1 Aug 2024 in National Assembly: (Kinangop, JP) view
• 25 Jul 2024 in National Assembly: Yes, the whip was helping in moving this amendment. I wish to move the amendment under Vote 2043, Programme 0723000 - General Administration, Planning and Support Services – by deleting the expression Ksh6,050,461,246 appearing in Column 9 (Gross Recurrent Expenditure) and substituting therefore the expression ‘Ksh6,000,461,246.’ view
• 25 Jul 2024 in National Assembly: ( Question of the amendment proposed) view
• 25 Jul 2024 in National Assembly: The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view