David Mwalika

Thank you, Hon. Speaker. I rise to support this Motion to vary the public debt from Kshs9 to Kshs10 trillion. Debt is not a bad thing as long as it is utilised in productive sectors with high social economic impacts. If well utilised, it will increase the economic growth and...

The Excise Duty on beer and spirits is going down, which confirms a larvae curve. It is a curve which shows that there is a point at which if you increase tax, the tax levy starts going down. We, therefore, need to look at other sectors in order to increase...

Thank you, Hon. Temporary Deputy Chairman. The amendment to Clause 19 seeks to delete paragraph (a) , (b) and (c) . It is intended to retain Income Tax incentive for creation of a trust since the provision was only enacted in the Finance Bill, 2021.

Hon. Temporary Deputy Chairman, I beg to move: THAT, the Bill be amended in Clause 19 by inserting the following paragraphs immediately after Paragraph 60-

Hon. Temporary Deputy Chairman, thank you. For any goods or services to be taxed, there is what we call a harmonised system. A harmonised system is a standardised numerical method of classifying trading products. When we talked to Waweru, because I was in that Committee and talked to KRA, school...

Thank you Hon. Temporary Deputy Speaker for giving me this opportunity to second the Bill. Hon. Temporary Deputy Speaker, as you are aware, this country is facing massive pending bills held by public institutions which amount to almost over Kshs400 billion. These pending bills have become a big hindrance to...

Thank you, Hon. Temporary Deputy Speaker for giving me this opportunity to contribute. From the outset, I second the Finance Bill, 2022. It is prepared to fund the Budget Estimates of the 2022/2023 Financial Year. The Budget is prepared when the country is facing internal and external challenges, including rising...

Thank you, Hon. Speaker. I beg to lay the following Papers on the Table of the House: Reports of the Departmental Committee on Finance and National Planning on its consideration of:

(Technical hitch)Thank you, Hon. Speaker.

Thank you, Hon. Speaker. I beg to lay the following Paper on the Table of the House: Report of the Departmental Committee on Finance and National Planning on its consideration of the Prompt Payment Bill (Senate Bill No.16 of 2021) .

Hon. Speaker, I beg to lay the following Paper on the Table of the House: Report of the Departmental Committee on Finance and National Planning on its consideration of the Salaries and Remuneration Commission (Amendment) Bill (Senate Bill No.31 of 2020) .

I am not the chairperson. The Temporary Deputy Speaker (Hon. (Ms.) Jessica Mbalu) : You are not the Chairperson, but he has communicated to us that the Member for Kitui Rural, Hon. Mboni Mwalika, will be moving. Thank you, Hon. Temporary Deputy Speaker. Public audit is an integral part of...

Thank you, Hon. Temporary Deputy Speaker. I would like to take this opportunity to thank all the Members who have contributed to the Bill which is straightforward. With those few remarks, I beg to reply. Thank you very much. The Temporary Deputy Speaker (Hon. (Ms.) Jessica Mbalu) : Very well....

Thank you, Hon. Temporary Deputy Speaker, for giving me an opportunity to make a few comments on this Bill. Some of us who have worked in the economic field were very optimistic that with devolution, the country would experience economic growth. The country has stagnated at 5 per cent growth...

Thank you, Hon. Deputy Speaker for giving me this opportunity to say a few words on this Bill. Public debt is not a bad thing so long as it is utilised in productive sectors of the economy which have economic impact and a country is able to pay. No country...