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{
    "id": 1569920,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1569920/?format=api",
    "text_counter": 132,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Next is the strategies to be taken. Mr. Speaker, Sir, I can go on and on when it comes to how we are managing our debt because it is a very wide topic. Those are some of the salient features of what we are implementing. The other issue was strategies used to manage county government funding constraints. First, there is a reason for funding constraints. One is the low ordinary revenue collections over the years. It is important to note that over the period 2016/2017 to 2024/2025, actual ordinary revenue has always been below target, except for the Financial Year 2021/2022. Therefore, such shortfalls in actual ordinary revenue collections have led to constraints in county government funding. This is real. We budget, but the resources become a challenge when we do not meet the revenue targets. Next is the need to finance mandatory expenditures under Article 203 of the Constitution. The Government has an inevitable need to finance mandatory expenditures under Article 203 of the Constitution. Such expenditures relate to national interest programmes such as security modernization and strategic interventions. This leads to fiscal deficit in financing other major national Government functions, which has always occasioned additional borrowing, which continues to distort our fiscal framework."
}