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{
    "id": 1384152,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1384152/?format=api",
    "text_counter": 118,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Kshs 23,690,300,000 (ii) Resolves that, the allocation to County Government Equitable Share be approved at Ksh391,117,000,000; (iii) Resolves that, consistent with the latest audited and approved revenues for Financial Year 2020/21 amounting to Ksh1,570,562,945,014, the allocation to the Equalisation Fund be set at Ksh7,852,814,725; (iv) Approves that, the arrears to the Equalisation Fund be set at Ksh3,547,185,275; (v) Approves that, the allocation for the County Additional Allocations be approved at Ksh48,196,590,924 as per the Third Schedule to the Report, which shall form the basis for the County Government Additional Allocations Bill, 2024; (vi) Resolves that, consistent with the approved borrowing strategy in the Medium-Term Debt Management Strategy, the projected fiscal deficit be set at Ksh703,870,000,000 (3.9% of GDP) being the difference between total revenues and grants and total expenditure and net lending. (c) That, the First and Second Schedules to the Report form the basis for the ceilings for the Financial Year 2024/2025 Budget Estimates; (d) That, once approved by the House, these recommendations shall form the basis for Financial Year 2024/2025 Budget Estimates; (e) Orders that, the First Schedule to the Order Paper forms the basis for the ceilings for the Financial Year 2024/25 Budget Estimates; and (f) Makes the Policy Resolutions contained in the Second Schedule to the Order Paper (Non-financial recommendations relating to the Budget Policy Statement for the Financial year 2024/25)."
}