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{
    "id": 1000978,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1000978/?format=api",
    "text_counter": 211,
    "type": "speech",
    "speaker_name": "Amb. Ukur Yatani",
    "speaker_title": "The Cabinet Secretary, National Treasury and Planning",
    "speaker": null,
    "content": "Hon. Speaker, the fiscal framework of the Financial Year 2020/2021 Budget has been revised to take into account the adverse impact of the pandemic on revenue performance. In this respect, the Financial Year 2020/2021 Budget targets revenue collection, including Appropriations-in-Aid (AIA), of Kshs1.89 trillion, which is equivalent to 16.8 per cent of the GDP. This is a stagnation from the estimated revenue of Kshs1.89 trillion, which is equivalent to 18.6 percent of the GDP in the Financial Year 2019/2020. Of this, ordinary revenue in the Financial Year 2020/2021 is projected at Kshs1.63 trillion, which is equivalent to 14.5 per cent of the GDP."
}