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{
    "id": 1254232,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254232/?format=api",
    "text_counter": 183,
    "type": "speech",
    "speaker_name": "Prof. Njuguna Ndung’u",
    "speaker_title": "The Cabinet Secretary, National Treasury and Economic Planning",
    "speaker": null,
    "content": "In conclusion, Hon. Speaker, it is clear that we face many socio-economic challenges. The global economy may take a long time before the output gap is closed, and the cost of living may take a long time to be felt. To address those challenges, the Government has initiated policy, legal and institutional reforms to address those issues. His Excellency the President has already led the way and, under his leadership, we have already laid a firm foundation for the Bottom-Up Economic Transformation Agenda. The policy spelt out in this Budget builds on the momentum for the envisaged transformation that will lead to improved livelihoods for all Kenyans. I, therefore, urge Kenyans to join hands in making this transformation journey a reality. Thankfully, our country is endowed with the necessary resources and human capital to confront the contemporary economic and social challenges to create momentum for not only a higher and sustainable growth trajectory, but also an inclusive growth trajectory that will also create decent jobs and reduce poverty significantly. This Budget underpins the country's resolve and commitment to fulfil its social contract to Kenyans by progressively improving their welfare. At this point, allow me to express my sincere gratitude to His Excellency the President, Dr. William Samoei Ruto, the President of the Republic of Kenya and the Commander-in-Chief of Defence Forces and His Excellency the Deputy President, Hon. Gachagua, for their counsel, guidance and support during the entire process of laying the foundation for the Bottom-Up Economic Transformation Agenda and finalising this Budget."
}