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{
    "id": 1252804,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1252804/?format=api",
    "text_counter": 212,
    "type": "speech",
    "speaker_name": "Kiharu, UDA",
    "speaker_title": "Hon. Ndindi Nyoro",
    "speaker": null,
    "content": "Hon. Speaker, we just debated our Estimates which we concluded through the Committee of Supply yesterday. We read a Budget of Ksh679 trillion and that is the correct figure. We are not adding our Budget by the other figures I am hearing flying around. Our Budget is precisely Ksh3.679 trillion. I want to contextualise because the work of the Finance Bill and the Departmental Committee on Finance and National Planning together with the Public Debt and Privatisation Committee is to fill in the revenue side of the Budget. What we did yesterday and what we have been doing is the expenditure side of the Budget. Any Government has only four areas of raising revenue: the ordinary revenue, the A-in-A, the grants, and gains from privatisation. Looking at the current Budget as it is, on our revenue side, Ksh2.57 trillion is ordinary revenue; Ksh347 billion is Appropriations-in-Aid; Ksh42 billion is the grants; and therefore, that gives a much lower deficit from what we had last year. That is about Ksh718 billion to Ksh720 billion. Hon. Speaker, because I want to contextualise, on the expenditure side, Kshs2.3 billion is the expenditure of the National Government which incorporates Parliament and the Judiciary. We also budgeted for Kshs986 billion in Consolidated Fund Services (CFSs) in payment of our debts and especially the interest rates and Kshs385 billion that we will be sending to our counties as Equitable Share."
}