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"id": 1259642,
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"type": "speech",
"speaker_name": "Kiharu, UDA",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": null,
"content": " Thank you very much. The Bill that we are considering today is the Appropriation Bill in regard to Supplementary (No. 2). We are considering a net reduction of Ksh24 billion for the Financial Year 2022/23. Hon. Deputy Speaker, I beg to move: THAT, the Supplementary Appropriation (No.2) Bill, National Assembly Bill No.31 of 2023, be now read a Second Time. The essence of this kind of supplementary that comes in the wee hours of the year is to align the Government expenditure and revenues. As Members are aware, budgets are usually projections, and they are not static. We project to have this kind of revenue. Therefore, we budget our expenditures based on the projected revenue. As the year ends, the amount of money we are likely to collect as revenue becomes clearer and more accurate. Our duty as a House is to be realistic because budgets are laws, so that we align that law with the right figure in mind, especially as we come to the close of the year. This Bill seeks a gross reduction in development expenditure by around Ksh34 billion while adding Ksh9 billion to Recurrent Expenditure. I have heard Hon. John Mbadi say: “We cannot continue to add recurrent, as we reduce development.” The justification is that there is some Recurrent Expenditure that is capital in nature. If you peruse the Appropriation Bill that we are considering, you will see that there is additional Recurrent Expenditure in regard to the education sector. This money is not going towards travel or frivolous expenditure. It is going towards salaries of junior secondary school teachers. Therefore, this kind of recurrent expenditure that capacitates our labour force cannot be put in the same line as general operations and maintenance costs that usually constitute Rrecurrent Expenditure. Therefore, the recurrent expenditure that we are talking about capitalises on Kenyans in terms of education. This is because labour, as one of the top factors of production, is only refined, made better, and value added to it through education. 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."
}