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{
    "id": 1003286,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1003286/?format=api",
    "text_counter": 370,
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    "content": "Therefore, I think this is one thing that the National Treasury needs to actualize immediately because there is already a law and so it should be able to do so. The second one is fiscal consolidation to reduce wastage in Government so that we can also reduce the deficit. Concentrate on all ongoing projects instead of bringing new ones. Moreover, in the end, we also need to think about restructuring and downsizing of the Government. This is because the Government is very huge. If you look at the county governments, 70 per cent of their budgets go to recurrent expenditure and only 30 per cent is going to development expenditure. Therefore, we need to look at how we can downsize the Government so that we can have more money for development. The other measure is to reduce tax expenditure. The tax expenditure in this country stands at 6 per cent when the global one stands at 3 per cent. Therefore, if we can reduce the incentives, exemptions by 3 per cent percentage point, we will be able to save over Ksh300 billion. That is money which we are even asking foreigners to lend us. Therefore, we should look at that and reduce it so that at least we can get money."
}