Kanu Party Leader Gideon Moi has broken his Silence on the controversial Finance Bill that was passed by the National Assembly on Thursday.
Moi has been mum ever since the Finance Bill emerged and has never issued a statement to guide his followers or MPs on which way to go.
The Former Baringo Senator in a statement on Friday, however, said the State should prioritise the establishment of transparent and accountable systems.
This, he said, will ensure avenues of corruption are sealed so that taxes are utilized as appropriated.
"Moving forward, the government should prioritize establishing transparent and accountable systems to seal avenues of corruption to ensure taxes are utilized as appropriated. In the case of the National Housing Development Fund, swift action is required to institute a robust legal, policy, and administrative framework that will govern the management and administration of the fund to ringfence it for its sole primary purpose: the construction of affordable houses for the people of Kenya," he said.
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The former Senator added that the government should do more than just affordable housing to ensure as far as the slum areas are concerned.
Gideon said the government should work towards ensuring that the economic situation of the people is improved.
"We reiterate that addressing the proliferation of informal settlements requires a comprehensive approach that goes beyond affordable housing initiatives," he added.
"To effectively tackle this issue, we must vigorously promote the country's economic growth, elevate labour incomes, and push more people from the fringes of the economy into the mainstream formal sector."
To achieve this, he said proactive measures that incentivize the private sector should be put in place.
He said implementing favourable tax regimes and creating a business-friendly environment by reducing bureaucratic obstacles will attract direct foreign investment, particularly in industries that foster manufacturing and value addition.
"Such strategic endeavors offer the surest path to job creation and economic prosperity," he said.
