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{
    "id": 1250619,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1250619/?format=api",
    "text_counter": 1717,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "One of the highlights of the Departmental Committee on Finance and National Planning is the allocation of resources, Ksh400 million, to the Public Sector Accounting Board to migrate the entire accounting system of the country from the cash accounting system to an accrual accounting system. By doing that, we will be in a position to stop this haste spending towards the end of every year. We should stop this tedious and painful experience at the end of five years that we subject our contractors and service providers to. We have allocated funds for the development of the Third Marginalisation Policy. We have also added an extra Ksh3 billion to the Equalisation Fund. We appreciate that there are about 34 counties that are really marginalised. We are really hoping that these monies that have been allocated to these counties are going to bridge that marginalisation gap so that their development can come at par with the other counties. We are also saying that there are other pockets of marginalised areas across the country. If you look at the Gross Domestic Product of Nairobi, its per capita income is going to be the highest. However, there are people living in absolute poverty; they do not have clean water, schools, and electricity. We are hoping that the Commission on Revenue Allocation (CRA) is going to come up with the Third Marginalisation Policy that will ensure that other marginalised areas across the country benefit from the funds. Hon. Temporary Speaker, lastly, we have asked Kenyans to help us raise revenues because we do not want to borrow to finance the Budget. Kenyans are also asking whether these monies will be spent for the purposes that we are talking about. Kenyans are also angry 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."
}