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{
"id": 1433831,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433831/?format=api",
"text_counter": 198,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "Yes, what is your point of order Hon. Pukose?"
},
{
"id": 1433832,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433832/?format=api",
"text_counter": 199,
"type": "speech",
"speaker_name": "Endebess, UDA",
"speaker_title": "Hon (Dr) Robert Pukose",
"speaker": null,
"content": " Most Members had contributed on this and remember we were here until late in the evening. May I ask that the Mover be called upon to reply."
},
{
"id": 1433833,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433833/?format=api",
"text_counter": 200,
"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Hon. Members spoke off the record)"
},
{
"id": 1433834,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433834/?format=api",
"text_counter": 201,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "Is that the mood of the House?"
},
{
"id": 1433835,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433835/?format=api",
"text_counter": 202,
"type": "speech",
"speaker_name": "Hon. Members",
"speaker_title": "",
"speaker": null,
"content": "Yes."
},
{
"id": 1433836,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433836/?format=api",
"text_counter": 203,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "Okay, Mover you may reply. Hold on Hon. Ndindi. Hon. Members, Mover you now have the authority. 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."
},
{
"id": 1433837,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433837/?format=api",
"text_counter": 204,
"type": "speech",
"speaker_name": "Kiharu, UDA",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": null,
"content": " Thank you very much. As I said in the beginning when we were moving this motion for the benefit of Members who were not here yesterday afternoon, I want to state that the budget we have passed in the second reading is Ksh4.006 trillion. We have done something that has never happened in the entire budget making process in Kenya, in the recorded history that this House passed the BPS level of the budget at Ksh4.18 trillion. Because this House is prudent, it has now and will be approving a budget that is a climb down from Ksh4.18 trillion as it was in the BPS to the current level of Ksh4.006 trillion."
},
{
"id": 1433838,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433838/?format=api",
"text_counter": 205,
"type": "speech",
"speaker_name": "Kiharu, UDA",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": null,
"content": "The essence of this is just to show prudence and that we are ambitious as a country in terms of setting the revenue targets but this House is moderating the same optimism so that we come closer to the reality, and the reality is benchmarking as what has been recorded as revenue in the previous period. I say so because in this current financial year we are likely to have a shortfall of revenue collection and it is because of that that this House, the National Treasury and the Executive we felt it is important that we make a budget that aligns with the realities of revenue collection. Hon. Deputy Speaker, I want to say a few more things so that Members can also appreciate. In the calendar year 2023, the economy of Kenya grew by 5.6 per cent in terms GDP ranking Kenya among the 27 fastest growing economies in the world. Our inflation in the month of May was 5.1 per cent year on year, and our inflation in the month of April was 5 per cent. Our benchmark target for inflation is 5 per cent with a band of 2.5 per cent either way. Therefore, it means we are well within our benchmark as a country and that is commendable."
},
{
"id": 1433839,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433839/?format=api",
"text_counter": 206,
"type": "speech",
"speaker_name": "Kiharu, UDA",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": null,
"content": "Our currency has been gaining. From January to date, it has gained over 15 per cent against the Greenback; it has also gained around 17 per cent against the Sterling Pound and 18 per cent against most of the regional currencies. What am I trying to say? I am saying that this House led by our Leadership and all the Members of the House have been doing an incredible job in passing laws and regulations that are in tandem with an economy that is thriving. I want to cite a few things as requested by you."
},
{
"id": 1433840,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1433840/?format=api",
"text_counter": 207,
"type": "speech",
"speaker_name": "Kiharu, UDA",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": null,
"content": "One, we have been able to add Ksh10 billion into fertiliser subsidy which will go into making agriculture and especially the crop farming part of agriculture profitable for the Kenyan farmers. Out of the same intervention in the last financial year, we saw a huge harvest where the harvest of maize in our country, which is our staple food, grow from 45 million bags, which is average production every year, to 65 million bags. This shows that the fiscal intervention of providing subsidised fertiliser is paying off. Therefore, we have allocated Ksh10 billion into fertiliser subsidy; allocated Ksh2 billion into the Coffee Cherry Advance Revolving Fund and allocated monies for the sugar reforms to clear off the debt that is owed to sugarcane farmers out of the supplies they have made to public owned factories. We need to boost some sectors of the Kenyan economy so that Kenya develops equally. In that respect, this Bill has also proposed over Ksh10 billion into the Equalisation Fund. The pastoralists of Kenya lost their livestock during the previous periods of farming and insecurity and in that respect, we have allocated Ksh1 billion for livestock restocking for those pastoralists who lost their livelihoods. We have also included monies for electrification in our constituencies by adding Ksh14.5 billion on top of our usual budget for the energy sector,. The monies will be divided equally among all the 290 constituencies for electrification of our villages and estates in the Republic of Kenya. What we did in the narration of that vote, because we know there are some constituencies which have high connectivity but also have other challenges around lighting, is that the Member of Parliament can actually propose either electrification projects or street lighting projects. The same will be done under the same Ksh50 million so that we continue to grow our nation across all areas. 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."
}
]
}