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{
    "id": 146426,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/146426/?format=api",
    "text_counter": 378,
    "type": "speech",
    "speaker_name": "Mr. Munya",
    "speaker_title": "The Assistant Minister for East African Community",
    "speaker": {
        "id": 279,
        "legal_name": "Joseph Konzolo Munyao",
        "slug": "joseph-munyao"
    },
    "content": "I would also like to commend the Deputy Prime Minister and Minister for Finance for coming up with a very ambitious, forward-looking and visionary Budget that we have never witnessed in this country before. It is ambitious in the sense that, if you looked at the predictions that were being given before Budget Day, he was expected to tax us more because we needed money to jump-start the economy because of the global recession. However, he confounded all those critics by doing the opposite of what they were expecting him to do. He did not increase taxes. He decided to use what was there, spend what we will be able to raise and even spend what we cannot raise, by borrowing from what is available in the local market. This is a very good and ambitious Budget that makes every Kenyan, from Nairobi to the villages to smile because their pockets are not being squeezed any further. They have already been squeezed to the limit. This is very commendable, the idea being that once this money is pumped into the villages, projects and infrastructure, it is likely to jump-start the economy, spur growth, create more wealth and enable us to have space for taxation in future."
}