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"id": 1077073,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077073/?format=api",
"text_counter": 279,
"type": "speech",
"speaker_name": "Nambale, ANC",
"speaker_title": "Hon. Sakwa Bunyasi",
"speaker": {
"id": 2511,
"legal_name": "John Sakwa Bunyasi",
"slug": "john-sakwa-bunyasi"
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"content": "First and foremost, we have the issue of Budget realism which has been alluded to by other speakers. How realistic are the critical variables in the Budget and parameters? The most critical one is revenue. We have glossed over it in terms of the fact that we said we had achieved Kshs1.594 trillion on all the revenue. However, that is an estimate. We should correct that figure and say that is what we expect to achieve. We do not know that we shall achieve that. Be that as it may, the projected figure now that we expect in ordinary revenue collection next year is Kshs1.776 trillion. That means tax revenue. It is still in doubt on whether we can meet that. We have never done that well except for one year many years ago. We met the projected figure and exceeded it slightly. That realism on revenue is very crucial. It is the basis upon which we estimate how much we can fund our Budget plus Appropriations-in-Aid (A-in-A), if you want to put the icing on the cake. We will borrow what we cannot fund. We may get some grants which are normally very little."
}