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{
    "id": 1254450,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254450/?format=api",
    "text_counter": 203,
    "type": "speech",
    "speaker_name": "Mandera North, UDM",
    "speaker_title": "Hon. Major (Rtd.) Abdullahi Sheikh",
    "speaker": null,
    "content": " Thank you, Hon. Speaker. The Finance Bill 2023 has generated a lot of interest from most Kenyans. The reason being the lies and rumours surrounding it. Some Kenyans were asking me why the Government is introducing a Finance Bill, as if there has never been one in Parliament before. It seems like this is the first Finance Bill to ever grace this House. This is the concept those who oppose it have driven to the minds of Kenyans. Looking at the entire Bill, how much does it bring into the 2023/2024 budget? Only Ksh311 billion, but it is as if it is being used to generate Ksh1 trillion. I am sure those opposing have not taken into cognisance that it is only bringing Ksh311 billion into the budget of Ksh2.6 trillion. These are things people do not want to know. Do not make it look like it is the entire budget. No, this is the only amount it is bringing. Again, do we have a choice? The choices are two: Raise taxes or borrow. The easier route is borrowing and the hard road is to raise taxes. When you borrow, it is an easy route, but ultimately, you will pay back through the nose. So, you can raise your own taxes however painful it is because they say, ‘no pain, no gain.’ So, you must feel the pain of raising taxes."
}