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{
    "id": 1256696,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1256696/?format=api",
    "text_counter": 995,
    "type": "speech",
    "speaker_name": "Nominated, ODM",
    "speaker_title": "Hon. John Mbadi",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "If you look at this Budget, you will see that it is broken down into Executive expenditure, Parliament, Judiciary and other Consolidated Fund Services (CFS). The financing of this Budget is going to be a challenge. This country is deluding itself that it can raise ordinary revenues from Ksh1,917,000,000,000 in the current Financial Year to Ksh2,571,000,000,000 in the next Financial Year. That is an increase of Ksh653 billion. That is very ambitious and unrealistic. It will likely not be realised. The total revenue projected to be collected is going to rise from Ksh2.23 trillion to Ksh2.935 trillion. That is an additional Ksh705 billion. Even with the crazy taxation measures that are proposed in this House, you cannot realise an increase in collection of revenue to the tune of Ksh700 billion in a single financial year."
}