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"id": 1342513,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1342513/?format=api",
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"type": "speech",
"speaker_name": "The Cabinet Secretary for National Treasury and Economic Planning",
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"content": "For the second question, no funds were released and no rights were made. In response, what appears to have happened is provided for in a table that shows the financial statement as of June 2023. We see that the assets are Ksh9.18 billion, the current assets are Ksh1.49 billion and the total assets are Ksh10.6 billion. These are financed by the capital reserves, which is negative to the tune of Ksh55.73 billion. The liabilities are Ksh4.38 billion, current liabilities Ksh62.02 billion and the total liabilities are Ksh66.41 billion. The liabilities and capital are Ksh10.67 billion. I have attached the latest audited financial statements from 30th June 2022 in appendix one and the fourth quarter 2022/2023 financial statement report in appendix two. Thank you, Hon. Speaker."
}