West Pokot Senator, Julius Murgor Recha, the chairperson of the Senate Standing Committee on Labour and Social Welfare has today made a Statement in Senate on the Committees activities for the period commencing 8th September 2022 to 11th April 2023.

The chairperson while tabling the statement reported that during the period under review, the Committee held a total of fifty (50) sittings, considered three (3) Bills, three (3) Petitions and twenty-two (22) Statements. The Committee also considered two (2) legislative proposals.  

Nyeri County Senator Wahome Wamatinga wants the National Treasury and Economic Planning to come up with a policy framework to review the Banking Act in order to renegotiate the repayment terms of the loans.

Through a motion in the Senate, Sen. Wamatinga argues that such an action by the National Treasury and Economic Planning will provide cushion for Kenyans with non-performing loans and prevent the loss of their movable assets.