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{
    "id": 1217025,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1217025/?format=api",
    "text_counter": 306,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": " Hon. Temporary Speaker, you know I have tremendous respect for Hon. John Mbadi, and he knows that statements of fact are a prerequisite in our Standing Orders. We are debating this Report by the Budget and Appropriations Committee. Facts about fiscal consolidation in the Budget are contained in this Report. Hon. Temporary Speaker, there is a clear indication that Hon. John Mbadi may not have interacted with this Report. The fiscal consolidation that he is talking about is very well enumerated by the Budget and Appropriations Committee on page five of the Report. Actually, I refer him to Clause 18. The fiscal deficit as a percentage of GDP has reduced from 6.2 per cent to 5.7 per cent against the 5.8 per cent agreed on between the Government of Kenya and the International Monetary Fund. Indeed, it is within my knowledge that the IMF had sought to maintain the fiscal deficit as a percentage of GDP at 6.2 per cent or 6.5 per cent. What the President indicated to the country is that there will be an absolute cut of Ksh300 billion."
}