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"id": 1085437,
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"type": "speech",
"speaker_name": "Hon. Charles Njagagua",
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"content": "that this Commission, as they go round again when they come for review, to get to the bottom of the marginalised areas, so that each part of Kenya gets the fund. Regulation No.10 states the expenses of the board and says that three per cent of the funds shall go to meeting the expenses of running the board. There is a saving grace clause which states that all funds which are not utilised by the end of each financial year will not be remitted back to the Treasury. This money will still be retained in the Fund and will be used for the purposes they were intended for. What it means is that there will not be a mad rush at the end of each financial year to have money expended so that we are not caught up by lapse of time. What happens in the ministries is that at the end of each financial year, they are on a spending spree to make sure they have spent the money. Fourteen counties are going to benefit from the Equalisation Fund, but like I said earlier, we need the Commission to go down to real areas that have not benefited. When the regulation- making authority appeared before us, they explained the issues to us and we questioned them on what they have done. We established that there was, indeed, public participation. We were convinced that they talked to the new stakeholders. Explanatory memorandum was attached to their Regulations and we were also convinced that it touched on the issues that were before us. With those few remarks, I beg to second the Report."
}