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"id": 1231403,
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"type": "speech",
"speaker_name": "Sen. Cheruiyot",
"speaker_title": "The Senate Majority Leader",
"speaker": {
"id": 13165,
"legal_name": "Aaron Kipkirui Cheruiyot",
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"content": "beginning to teach Kenyans to live within our means and know that there is no other source other than being fiscally responsible. That is part of what is being proposed. The proposed equitable share of Kshs385.425 billion in the Financial Year 2023/2024 is equivalent to 23.03 per cent of the last audited accounts, which is Kshs1.6 trillion for the Financial Year 2019/2020 as approved by Parliament. The proposed allocation meets the requirement of Article 203(2). I had explained this earlier. The county governments’ equitable share of revenue raised nationally for the Financial Year 2023/2024 is arrived by growing the county governments’ equitable share for the Financial Year 2022/2023 of Kshs370 billion by a growth of Kshs15 billion and an additional Kshs425 million as attendant resources for transferred library services. This growth has taken into consideration the performance of revenue in the past, which has not been on target. Thanks to the work of the Senate Committee on Finance and Budget. I celebrate the Committee. Previously, when my predecessors had the task of moving the Division of Revenue Bill, we would confuse Senators such that one hand, they kept an eye on the tab showing equitable share to counties and another additional tab to maintain a close confirmation of what would be referred to as conditional grants to counties."
}