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"id": 1383875,
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"type": "speech",
"speaker_name": "Kikuyu, UDA",
"speaker_title": "Hon. Kimani Ichung'wah",
"speaker": null,
"content": " Hon. Speaker, I was saying that the money that will be raised will come from our own revenues; locally collected from taxes. I am saying this because we are fond of passing things without looking at the other end of the stick. What will feed the budget estimates in terms of expenditure? It is the revenues we raise and loans. Yesterday, we debated and passed the report on debt management. We have now limited our deficit to 3.9 per cent of our Gross Domestic Product (GDP). However, for us to achieve that, we must ensure that we support the Finance Estimates with the same vigour and determination that we support this Budget Policy Statement. Otherwise, we will be happy that we are getting Ksh12 billion for electrification, but we are not asking ourselves how it will be financed. We need to understand that it will be financed by people contributing money."
}