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"id": 1015294,
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"text_counter": 109,
"type": "speech",
"speaker_name": "Suba South, ODM",
"speaker_title": "Hon. John Mbadi",
"speaker": {
"id": 110,
"legal_name": "John Mbadi Ng'ong'o",
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"content": "Hon. Deputy Speaker, someone is distracting me. I wanted to explain the formula from 2021/2022 to 2024/2025 Financial Years. What the Senate has done — which is the only thing that I think they have done out of the CRA formula — is that they have decided that going forward, if we allocate from Ksh370 billion in the next financial year, then 50 per cent of Ksh316.5 billion which is Ksh158 billion will be treated as what we call allocation ratio. You use the formula of the last financial year, then the rest you apply the current formula. This is taking you back to where no county loses. You will agree with me that is based on a promissory note; it is not based on figures that have been agreed on."
}