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{
    "id": 1451419,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1451419/?format=api",
    "text_counter": 31,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Revenue Bill 2024 by the Senate, it is expected that the Chairperson of the Budget and Appropriations Committee shall introduce a Bill to effect the necessary amendments to the Division of Revenue Act, 2024. On Supplementary Estimates I, with regard to the monies already appropriated by the House to finance the Budget for FY 2024/25, I wish to remind the House of the Notification I issued on 12th July 2024, informing you of the submission of the First Supplementary Estimates for the Financial Year 2024/2025, which I referred to the Budget and Appropriations Committee and the departmental committees for expedited consideration. The Supplementary Estimates seek to rationalise the FY 2024/25 Budget Estimates to align with the Revised Fiscal Framework and actualise expenditure cuts across the three Arms of Government, constitutional commissions and independent offices. As guided in my Notification of 12th July 2024, the Budget and Appropriations Committee is expected to table its report on the Supplementary Estimates I on or before tomorrow, Wednesday, 24th July 2024. The House shall thereafter consider the said Estimates and the resultant legislation to give effect to the Revised Fiscal Framework and the proposed expenditure reductions"
}