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{
"id": 1438676,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1438676/?format=api",
"text_counter": 164,
"type": "speech",
"speaker_name": "Prof. Njuguna Ndung’u",
"speaker_title": "The Cabinet Secretary for the National Treasury and Economic Planning",
"speaker": null,
"content": "Act to enable the Kenya School of Revenue Administration to collaborate with other institutions of higher learning to develop curriculum, assess and examine students, and award certificates in tax matters. I have submitted this amendment in a separate Bill. Hon. Speaker, in conclusion, the Government, under the leadership of His Excellency the President, Hon. Dr. William Samoei Ruto, has succeeded in steering the country through a difficult period of global and domestic challenges. Remarkably, the economy has recovered from the lagged effects of COVID-19 pandemic and unwinding from persistent and successive domestic and external shocks that created some permanent effects. The policies and structural reforms outlined in this Budget have laid a firm foundation to protect this fragile recovery for a sustained socio-economic transformation. Financing development is critical to this economic transformation. That is why raising adequate tax revenues is a core pillar for this economic transformation and growth. I am confident that these measures will create jobs, strengthen economic recovery and reduce the cost of living in the country, thereby providing the much-needed relief to the common mwananchi . I, therefore, urge Hon. Members and all Kenyans to support the implementation of the measures contained in this Budget for our mutual prosperity. Finally, achieving a prosperous Kenya also requires leadership and the support of every Kenyan. For this reason, I wish to thank His Excellency the President Hon. Dr. William Samoei Ruto and His Excellency the Deputy President Hon. Rigathi Gachagua for their continued wise guidance, leadership and even perseverance to long working hours. My special appreciation goes to the Prime Cabinet Secretary, the Attorney-General, my fellow Cabinet Secretaries, respective Principal Secretaries and Accounting Officers and staff in all MDAs for their support and contributions to the FY 2024/25 Budget-making process. My sincere appreciation also goes, first, to you, Hon. Speaker of the National Assembly and your counterpart in the Senate; the Majority Leader and the Minority Leader as well as the entire leadership of the two Houses of Parliament, including the respective Clerks, for overseeing the approval process of the Budget Estimates for Financial Year 2024/25 and the related documents. Secondly, my sincere appreciation also goes to the Honourable Chairpersons and Members of both the Budget and Appropriations Committee and the Departmental Committee on Finance and National Planning, and all other Departmental Committees of this House as well as the staff of the Parliamentary Budget Office for their constructive inputs and excellent leadership during the approval and discussions of the Budget process. Thirdly, my appreciation goes to my colleagues at the Ministry of the National Treasury and Economic Planning led by Dr. Chris Kiptoo, the Principal Secretary for the National Treasury; and Mr. James Muhati, the Principal Secretary for the State Department for Economic Planning, including the leadership of all MDAs, for their commitment, dedication and support in the preparation process of this Budget. Fourth, my appreciations goes to the Management and Staff of the Central Bank of Kenya, Kenya Revenue Authority, Financial Sector Regulators and other MDAs for their contributions and advice during the Budget-making process. Fifth, my gratitude goes to our Multilateral and Bilateral Development Partners for their continued technical and financial support. Further, I thank players in the private sector for their sustained contribution and discussions in support of the growth of our economy. Sixth, I appreciate the media and non-state actors for their active engagement and participation in the Financial Year 2024/25 budgeting process. I remain immensely grateful to my family for their support and inspiration as I execute my duties at the Ministry of the National Treasury and Economic Planning, which is not an easy task, I can tell you. 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."
}