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{
    "id": 1173475,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1173475/?format=api",
    "text_counter": 220,
    "type": "speech",
    "speaker_name": "Kieni, JP",
    "speaker_title": "Hon. Kanini Kega",
    "speaker": {
        "id": 1813,
        "legal_name": "James Mathenge Kanini Kega",
        "slug": "james-mathenge-kanini-kega"
    },
    "content": "My good friend the Chairman emeritus, who in a very unlikely event that his team wins, might find himself in the National Treasury. If in that unlikely event he finds himself in there without the alteration of this debt ceiling to Kshs10 trillion, then there will be no Budget. We are not doing it for this administration: we are doing it for posterity, perpetuity, with open arms and giving the other administration time, maybe a year, for the regime to bring a sustainable way on how we need to address our debts. Altering the debt ceiling may not be a popular decision now, but it is the right thing. We cannot fund the next Budget if we do not alter the debt ceiling. There are some who will be very emotional here. Some will say all manner of things but the truth is that we cannot fund the next Budget without altering the debt ceiling. The Cabinet Secretary in the coming Government needs to be prudent. We will need to have total disclosure. If they are borrowing for infrastructural development, it has to be specific! Sometimes, they borrow for infrastructural development and then it is put in the general budgetary support. These are some of the things that need to be worked on in the next administration. I want to correct what my good friend Hon. Kimani Ichung’wah has said; that we are not supporting the Kenya Revenue Authority (KRA). We are supporting KRA. If he cares to check on our Estimates, he will see that we have given them an extra Kshs1 billion so that they can employ more staff and enhance their operations. Hon. Speaker, with those few remarks, I beg to support."
}