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"id": 1439424,
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"type": "speech",
"speaker_name": "Balambala, JP",
"speaker_title": "Hon. Abdi Shurie",
"speaker": {
"id": 13294,
"legal_name": "Abdi Omar Shurie",
"slug": "abdi-omar-shurie-2"
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"content": "Under the CFS expenditures in Supplementary Estimates II, expenditures will amount to Ksh1.99 trillion. It will primarily comprise debt servicing expenses worth Ksh1.8 trillion, representing 90 per cent of the overall CFS expenditures. Additionally, the CFS expenditures include pension expenditures amounting to Ksh187.6 billion, which will account for the remaining 10 per cent. For the Financial Year 2024/2025, total CFS expenditures are projected to amount to Ksh2.06 trillion. The CFS expenditures will be composed of debt servicing expenditures worth Ksh1.83 trillion and pension salary allowances and other miscellaneous expenditures worth Ksh203.6 billion. The Committee also observed that the cost of domestic debt continues to drive CFS expenditures, accounting for 61 per cent of the total CFS expenditures. 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."
}