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{
    "id": 1562685,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1562685/?format=api",
    "text_counter": 124,
    "type": "speech",
    "speaker_name": "Hon. Julius Migos Ogamba",
    "speaker_title": "The Cabinet Secretary for Education",
    "speaker": null,
    "content": "ensuring structured settlement for different categories. For example, the pending bills for contractors and general creditors amount to Kshs360 million. In the Financial Year 2025/2026, a figure of Kshs17 million will be allocated for payment. The next payment is scheduled for the Financial Year 2028/2029. We have deliberately spread the Kshs12.9 billion debt over a longer period, allowing the Government to allocate funds in each budget cycle. This is to ensure that by 2031, it will be fully cleared while concurrently addressing other outstanding issues. Our plan ensures that no university is allowed to deteriorate. This strategy has been implemented at TUK and similarly at Moi University, whose financial plan extends until 2028. That is how we are resolving this problem. Over and above that, we are also addressing governance challenges, which we have identified as one of the biggest threats to our universities. Additionally, we are working to strengthen institutional research capacity to enhance revenue generation, enabling universities to better support their budgets. Thank you, Mr. Speaker, Sir. I submit."
}