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{
    "id": 1383844,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1383844/?format=api",
    "text_counter": 676,
    "type": "speech",
    "speaker_name": "Karachuonyo, ODM",
    "speaker_title": "Hon. Adipo Okuome",
    "speaker": null,
    "content": " Thank you, Hon. Speaker, for giving me this opportunity to contribute. I support the BPS, as I wait for the final budget that will be read in future. One thing I appreciate in the proposal is the increment in the National Government Constituencies Development Fund (NG-CDF). It has demonstrated that it works. Its product is clearly seen by everybody. When I tell my constituents that we have increased the allocation of NG-CDF, they will be happy with me because they know they will benefit. I also want the allocation to counties to be increased because they are also doing a good job. I do not support this BPS 100 per cent because of the deficit of about Ksh703 billion. That is where the devil lies. In order to raise that deficit, I am sure we will borrow some funds. Our borrowing level is already so high. We will borrow funds that will not be paid during our term in Bunge . They will spread over many years to come. The future generations will face a burden that they will not know its source. We equally face very heavy taxation because of old debts that we do not know their source. I also know that our Budget will increase from approximately Ksh3.9 trillion in the Financial Year 2023/2024 to Ksh4.188 trillion in the Financial Year 2024/2025. Ksh2.9 trillion will come from taxation. Even before we approve the Budget of the Financial Year 2024/2025, taxation is so high that it makes the cost of living almost impossible for our people. If we increase the Budget by that big margin, it means that we will tax Kenyans more. We know that this is a real concern not only for us, but also practically by all Kenyans. We should find a way of reducing it. Our food security is also a concern. I do not think that we have increased the budget allocation to the agriculture sector to encourage farmers to do more in this sector. We need to 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"
}