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{
    "id": 1586780,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1586780/?format=api",
    "text_counter": 1187,
    "type": "speech",
    "speaker_name": "Alego Usonga, ODM",
    "speaker_title": "Hon. Samuel Atandi",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I beg to move that the Appropriation Bill (National Assembly Bill No.23 of 2025) be now read a Second Time. This Bill authorises the issuance of funds from the Consolidated Fund to finance the national Government expenditure for the 2025/ 2026 Financial Year. It was introduced here in the National Assembly and read a First Time yesterday, 17th June 2025. It is a cornerstone of Kenya's annual budget process, enabling the Government to implement its spending priorities for the fiscal year. This Bill follows the approval of the Budget Estimates by this House. If you remember, we approved a total budget of approximately Ksh4.23 trillion, which is equivalent to 22.3 per cent of our national Gross Domestic Product (GDP). The Budget Estimates include Ksh1.8 trillion for ministerial current expenditure, Ksh1.3 trillion for interest payments on debt and pensions, and Ksh472.5 billion for ministerial development expenditure. Additionally, Ksh2 billion has been set aside for a contingency fund, and Ksh405.1 billion has been allocated as an equitable share to county governments. Just to comment on the county allocations, it is to report that following the conclusion of the mediation process this afternoon, in which the report has already been tabled in the House, the county share allocations is no longer Ksh405 billion. I need to clarify that we have allocated Ksh415 billion as shareable revenue to counties. Hon. Temporary Speaker, I also need to make brief comments on the revenue projections. We are projecting to collect Ksh3.3 trillion as total revenue projections. This is inclusive of ordinary revenue, which is Ksh2.7 trillion and Ksh46.6 billion as grants from donors. To address the fiscal deficit, we are going to borrow Ksh923 billion. The fiscal deficit is 4.8 per cent of the GDP. We are going to borrow Ksh635 billion locally, while we are going to borrow another Ksh287 billion from external sources. These allocations will fund multiple development projects across the country. For instance, in the area of agriculture, we have allocated Ksh47.6 billion. Agriculture is a cornerstone of this economy. Over the last two years, inflation has decreased, courtesy to the food production realised in this country and the allocations towards the agricultural sector. We have allocated Ksh8 billion for fertiliser subsidies. This is one of the significant gains that has helped us to support the agricultural sector and increase production. We are allocating Ksh133.4 billion to our health sector. This allocation will assist us in managing primary health care and all other matters affecting our health systems. We have also 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."
}