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{
    "id": 1186298,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1186298/?format=api",
    "text_counter": 104,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": " Hon. Speaker, I rise to respond to last week’s request by the Leader of the Minority Party regarding the status of disbursement of NG- CDF for the Financial Year 2022/2023. I have a Statement from the Cabinet Secretary (CS) for the National Treasury, Prof. Njuguna Ndung’u. That, this financial year, NG-CDF has been allocated a total of Ksh44.3 billion in the national Budget for the Financial Year 2022/2023. The National Treasury has, however, not disbursed any amounts of the voted provision for the Financial Year 2022/2023 due to a number of factors. First, he avers that they have experienced delays due to the transition to the new Government following the general elections held on 9th August 2022. Secondly, despite the good revenue performance for the Financial Year 2021/2022, the Russian-Ukraine conflict has exerted pressure on fuel and commodity prices, prompting the Government to increase spending to cushion citizens. In addition, the war in Ukraine worsened the international financial market conditions and, as a result, they were unable to raise the expected resources from international markets. This coupled with the delayed disbursement of funds from the International Monetary Fund (IMF) and shortfalls in domestic financing meant that the financing for the Financial Year 2022/2023 budget was lower by Ksh241.2 billion. As a result, the Government carried over huge deficits and pending bills from the previous financial year amounting to Ksh90 billion, payment of which has been prioritised in this financial year. Thirdly, the Government is facing expenditure constraints and pressure from fuel subsidy, drought mitigation and intervention; and salary budget shortfalls as well as new 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."
}