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{
"id": 1254235,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254235/?format=api",
"text_counter": 186,
"type": "speech",
"speaker_name": "Prof. Njuguna Ndung’u",
"speaker_title": "The Cabinet Secretary, National Treasury and Economic Planning",
"speaker": null,
"content": "Kenya, for their support and contribution to the implementation of Government initiatives, especially on the environment and climate change action, financial inclusion and women empowerment. My special appreciation goes to the Prime Cabinet Secretary, the Attorney General, my fellow cabinet secretaries, their respective principal secretaries, accounting officers and staff in the Government, Ministries, Departments and Agencies (MDAs) for their support and contribution in making this Budget. I also extend my gratitude to the Chairman of the Presidential Council of Economic Advisors, Dr. David Ndii and all economic advisors at the Council for their critical input and guidance in supporting the Bottom-Up Economic Transformation Agenda. This team used their diverse frontier knowledge and worked closely in developing the Kenya Kwanza administrative Manifesto - The Plan - in the run-up to the 2022 General Election. We have produced and pooled most of the materials for this policy outline from the Plan, and that guidance has been very critical. More specifically, I gained a lot of support from my colleague and friend, Dr. Kamau Thugge, Senior Advisor and Head of Fiscal Affairs and Budget Policy at the Executive Office of the President. He is the Governor-designate for the Central Bank of Kenya (CBK). We congratulate him. My sincere appreciation first, to the Hon. Speaker of the National Assembly and your counterpart in the Senate, the Hon. Leaders of Majority and Minority Parties and the entire House leadership, including the respective Clerks of the National Assembly for the approval process and the budget estimates for the Financial Year 2023 and related documents. Secondly, to the Hon. Chairpersons and Members of both the Budget and Appropriation Committee, Finance and National Planning Committee and all Departmental Committees in this House that helped us and my team to finalise the budget propositions. I recognise and appreciate the management and staff of the National Treasury and Economic Planning, who have worked tirelessly for long hours, including weekends, to ensure that this Budget and supporting documents meet the legal guidelines. We appreciate contributions from KRA, CBK, the AG’s Office, Commissioner of Revenue Allocation, financial sector regulators and various agencies under the National Treasury and Economic Planning. Fifth, my gratitude goes to our multi-lateral and bilateral development partners for their continued technical and financial support. Further, I thank the private sector for its sustained contribution to the growth of our economy and even contribution to debates in terms of tax measures and policies. Sixth, I appreciate the media and non-state actors for their active engagement and participation in the Financial Year 2023/24 budget process. Hon. Speaker, I remain immensely grateful to my family for their support and inspiration as I execute my duties as the Cabinet Secretary for National Treasury and Economic Planning since my appointment to this docket last year. Finally, my utmost gratitude goes to all Kenyans for their contributions, proposals and suggestions received during the finalisation of the budget proposals. We covered acres of materials that provided propositions from Kenyans. We are happy that we have provided a synthesis and balance of what they presented. Hon. Speaker, before I resume my seat, you will recall that I have already submitted to this House the Budget Estimates and the Finance Bill, 2023, together with the accompanying documents, as required by the Public Finance Management Act. Today, I further submit the following documents to the august House and request that you graciously receive them: 1. The Budget Statement for the Financial Year 2023/2024. 2. The Budget Policy Statement, 2023. 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."
}