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{
    "id": 1077077,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077077/?format=api",
    "text_counter": 283,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "Thirdly, I am concerned about our ability to fund our development Budget overall. We have been given these figures and I guess people are getting tired of hearing the figures over and over again. But even if we achieve Kshs1.8 in ordinary revenue, revenue we generate from our taxation, and the commitments on debt payment are a trillion, that leaves only Kshs800 billion. But the requirements of the Consolidated Fund Services, including other things above the debt, are Ksh1.33 trillion. On the basis of this year’s achievement, it will only give Kshs300 billion and on the basis of the projected one, which we rarely achieve, it will leave around Kshs500 billion to fund everything else including the recurrent expenditure with development expenditure in there. So, we sing about these things but we do not have money to fund them. We depend on crucially on the loans we are going to borrow. That is because loans are so important and every country and 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."
}