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{
    "id": 1438647,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1438647/?format=api",
    "text_counter": 135,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Secondly, Hon. Members, I wish to allay the fears of a number of Members who have approached and raised concerns relating to the Finance Bill 2024. The House is not considering or voting on anything related to the Finance Bill today. Indeed, the Bill is still undergoing public participation before the Departmental Committee on Finance and National Planning, and the Committee is yet to table its report. Any concerns relating to the Bill shall be adequately addressed by the House once the Committee tables its report, hopefully next week. Thirdly, as stated earlier, the Cabinet Secretary is discharging a largely ceremonial function. Section 40 of the Public Finance Management Act, 2012 requires the Cabinet Secretary to make a public pronouncement on the budget policy highlights and revenue-raising measures for the national Government, taking into account the international obligations that were entered into under the East African Community Treaty. As Members are aware, partner States of the East African Community have a standing agreement to present and table Budget Statements to their respective Parliaments every second Thursday of June, which is today. I hope the foregoing adequately clarifies the nature of today’s event. Before I call the Cabinet Secretary, I welcome our invited guests who comprise Cabinet Secretaries, Principal Secretaries, members of the diplomatic corps and all other invited guests who are seated in the Speaker’s Row, Diplomatic Boxes and the Galleries. The Cabinet Secretary for the National Treasury, Prof. Njuguna Ndung’u, PhD, EGH, you may now proceed to the podium."
}