When making budget proposals, leaders must consider the interconnected trade-offs between different sectors, as reducing costs in one area (like VAT) often leads to reduced funding in others (such as education, healthcare, and economic growth), and effective economic policy requires understanding how supply chain disruptions and infrastructure decisions impact national costs.
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LET ME EDUCATE YOU TODAY, YOU PURPOTE TO BE OPPOSITION LEADER TODAY.Ichung'wa Vs Caroli on fuel sagaAdded:
make proposals here as members of parliament. We must not make proposals that simply speaks to the gallery and that is what I see with some of our colleagues. Honorable speaker, honorable speaker, this is the house that is charged with the responsibility of making budgets and we all know including those of us like myself who have had the privilege to serve as chairman of the budget and appropriations committee and I speak this from a point of authority. speaker because I served for two years almost two years before I was fired [laughter] as the chair of the budget and appropations committee.
>> Speaker, you remember then the honorable Jun saying that even as we fire honorable Jonga, he was the best chair of the budget and appropriations committee that and and my record still speaks for itself. Honorable speaker and never a time when I served as chair of the budget and operations committee after I was removed and fairly so.
Honorable speaker, there is not a single moment I stood on the floor of this house to speak against matters that I had prosecuted as a chair of the budget and appropriations committee. Never. And I will never do that because I make conscious decisions as a leader.
I don't make decisions to excite and please people out there to praise you as the greatest of all times. You may think you are the greatest of all times as you move around with lecture notes only to come and realize it ends up in premium tears when the people discover you are lying to them. Because when you tell us that we can reduce VAT, we can do away with VAT. You know as a member of this house that whatever you give something else must give in. It will translate either to reduced capitation for our secondary school and premier school students. It will translate to either lower funding for our university students. It will translate to lower budgetary allocations for our healthcare workers and our healthcare system. It will translate to a slowdown of our economy. Honorable speaker, therefore, even as we make proposals, honorable speaker, I want to identify myself with some of the proposals that have been made by the honorable Junette that it is possible and I liked what the governor for Nairobi said in his the press conference last week that it is possible to plead because these are not normal times.
During the COVID pandemic, our financial services sector came up and rose to the occasion and extended moratoriums on loans to people who are affected by the COVID pandemic. This is such a time.
There is no other sector in this country that is making more money in terms of profits than the financial services sector. And I'm speaking to banks and the bank owners.
If you able to extend moratoriums on interest and penalties for late payment of loans to those in the hospitality sector who are confronted with the pand pandemic in 2020, 2019, 2020, it is possible today for our banking sector to extend the same moratorium to our transporter sector players. And I'm not talking about matus alone and buses. I'm talking about truck owners and truck drivers who transport goods including the food we eat in Nairobi and other urban areas from our rural areas. They need a reprieve. Many of these people, we must empathize with them because they have taken up loans to buy the assets that they are using. And we must ask and urge the financial service se sector, our banks to extend a morarium on interest like they did during the COVID pandemic because this is wartime and wartime economies cannot operate the same way as peace time economies operate.
I've had a member here pretend, oh, global oil prices per barrel were lower in 2022 than they are today. True.
But be honest as a leader.
Tell the people that what you tell them that Saudi oil never goes through the street of Hammuz is a plain lie.
in Saudi to the east take their oil most of them 90 almost 80 to 90% of the oil feeds in Saudi take their crude oil through the street of Hammuz number two be honest tell the Kenyan people it is true cost per barrel in 2022 was lower but what is affecting us as a country is that we do not have an oil refinery. We killed Changab oil refinery in the earlier years before this administration >> in the Kbaki days.
>> But today, honorable speaker, we import not crude oil. So if crude oil per barrel is cheaper, ask yourself where do you refine your oil? If you are refining your oil, for instance, in Bahrain, the oil refinery in Bahrain was bombed. What does that do to the cost of the refined fuel that we import? Because we import refined fuel into this country. Therefore, honorable speaker, what should this motion be doing? This motion is not an opportunity for people to come and posture here. Wann to be opposition leaders like those who are trying attempting to interrupt me now.
>> Honorable speaker, they have not merit to listen to the truth because the truth stands firm. Honorable majority leader, nothing that I've said that is out of order. Honorable.
>> Yes, honorable speaker. I don't think this the honorable member is not in order to mislead not just the house but the nation.
>> What is out of order?
>> His his explanation that the closure of the Kenya petroleum refineries has led to increase in the cost of fuel in Kenya. It is the opposite.
Kenya when we had the KPL was importing 70% whiteable. So it is HONORABLE ORDER.
IT IS TRYING I mean I mean >> I am trying to also listen to you. I had you debate and you gave your point of view. Allow the honorable member to also debate unless something is totally out of order.
>> Thank youable speaker for the protection because the member is on a on debate and he had his time if he can just have the merit and the patience to listen to me educate him a bit just a bit. I may not have the ability to educate uh him on everything but honorable speaker I was talking about the price of crude oil. We do not import crude oil into this country. We import refined product or processed product. Honorable speaker and therefore if we have seen refineries being bombed what does that tell you in simple economics in the law of demand and supply? Honorable speaker, we have been told honorable speaker, oh the price of oil in Ethiopia is much lower. I must thank Citizen TV and uh the journalist called Alex Tamoda. They did a very good piece showing us as a people of Kenya how fortunate we are that we entered into the G2G arrangement that ensures today we are not short of supply. Honorable speaker, if we wanted to be populist, it is very easy.
>> Cut down the supply of diesel. For instance, if you are consuming two 2 million liters of diesel in a day, cut it by half. Use what we have been told as a fuel subsidy, you have so many billions of subsidy. Use that money to subsidize a lower supply of fuel. And that is what many people are doing
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