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{
    "id": 1533646,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1533646/?format=api",
    "text_counter": 960,
    "type": "speech",
    "speaker_name": "Navakholo, ODM",
    "speaker_title": "Hon. Emmanuel Wangwe",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. Allow me to join my colleagues in supporting the Budget Policy Statement (BPS) for the Financial Year 2025/2026. It identifies itself as: Consolidating gains under Bottom-up Economic Transformation Agenda (BETA) for inclusive green growth. You cannot look at the consolidation without looking at the previous years. I want to look at what happened in the previous years vis-á-vis the ceiling that they have given to us. This BPS suggests that the Budget for the Financial Year 2025/2026 shall be Ksh4.2631 trillion. When you look at the analysis of that, in terms of Recurrent Expenditure at Ksh1.730 trillion and Development Expenditure of Ksh758 billion, and re-work it out in terms of percentage, you will find that 69.5 per cent shall go to Recurrent Expenditure, and 30.45 per cent shall go to Development Expenditure. This means we are not doing very well in terms of what we collect and spend in terms of Recurrent and Development Expenditure. We need to really work towards making sure that the percentage reverses. Recurrent Expenditure can be 30 per cent, but we use more of what we collect to develop our country. When you look at the theme of the BPS for the Financial Year 2025/2026 vis-á-vis that figure, and then how the Government has apportioned the expenditure, I want to look at how they have 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."
}