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{
    "id": 1550032,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1550032/?format=api",
    "text_counter": 311,
    "type": "speech",
    "speaker_name": "Butere, ODM",
    "speaker_title": "Hon. Nicholas Mwale",
    "speaker": null,
    "content": " Hon. Temporary Speaker, I beg to move the following Motion: THAT, this House adopts the Report of the Public Accounts Committee on its examination of the Report of the Auditor-General on the financial statements for the National Government Ministries, Departments and Agencies for the Financial Year 2021/2022 laid on the Table of the House on Friday, 14th March 2025. This is the second Report that this Committee has brought in this 13th Parliament. It is the first Report to be tabled after the reconstitution of the committees. I thank Hon. Members of the Committee for making it a priority. They perused through the Report which had been done by the other Committee before the reconstitution of the committees. They largely supported it by appending their signatures. They also adopted the Report to be brought to this House. Before I delve so much into the Committee’s observations and recommendations, I would like to bring a correlation between prudent use of public resources, and how it can spur economic growth and bring better living standards to the common Kenyan. This Committee is mandated, under Standing Order 205, to scrutinise and examine all the expenditure that is appropriated to State departments by this House. Therefore, if we do not get it right on the prudent use of resources in this country, then we will not get it right in the economic growth of the country. When you talk about economy, you look at the Gross Domestic Product (GDP). You not only talk about nominal GDP but also real GDP. The formula of GDP is consumption plus investment plus government spending plus net export (C+ I + G + (X – M), where (X - M) is 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."
}