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{
    "id": 1167757,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1167757/?format=api",
    "text_counter": 132,
    "type": "speech",
    "speaker_name": "Sen. Mutula Kilonzo Jr",
    "speaker_title": "",
    "speaker": {
        "id": 13156,
        "legal_name": "Mutula Kilonzo Jnr",
        "slug": "mutula-kilonzo-jnr"
    },
    "content": ".: Thank you Mr. Speaker, Sir. I rise to second this Motion. Allow me to say the following about borrowing by county governments. One, we have learned in the last five years that relying on national Government to release funds has become a challenge. Two, the national Government is borrowing and borrowing is affecting counties. Three, county governments are unable to borrow against what would be their income; that is both Own Source Revenue and National Government Revenue. The flow is uneven and county governments within the framework of national Government guarantee and bonds under the Constitution can borrow. Lastly, I suggest to the next Senate Standing Committee on Finance and Budget and I hope Sen. Cheruiyot will sit in that Committee, there is no reason why CBK should not guarantee equitable share that is going to counties and that money to release to counties as a guarantee is given by National Treasury. Irrespective of collections by national Government, the money that we allocated to counties which is pittance in relation to the national Government budget can be release expeditiously as per the Cash Disbursement Schedule. Laikipa County has demonstrated some level of prudence; it is not the best, but some level of prudence. In supporting this, it is just setting precedence so that the next county government within the framework that is in the National Legislation can now start doing infrastructure; they can start doing roads. With infrastructure bonds, they can borrow and do major infrastructure without being impeded by National Treasury which has become the largest impediment to devolution in Kenya."
}