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{
    "id": 1588138,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1588138/?format=api",
    "text_counter": 1220,
    "type": "speech",
    "speaker_name": "Endebess, UDA",
    "speaker_title": "Hon. (Dr) Robert Pukose",
    "speaker": null,
    "content": "Therefore, the Committee having scrutinised this, feels that outstanding arrears to the Equalisation Fund stood at Ksh46.5 billion as of June 2024 against accumulative entitlement of Ksh59.96 billion since the Fund’s conception. This means that only Ksh13.3 billion, equivalent to 22.4 per cent of the total entitlement amount has been disbursed to the Fund. This shortfall in funding not only undermines the Fund’s credibility, but also poses a serious threat to the achievement of its core mandates considering that the Fund had a lifetime of 20 years. Therefore, it might be coming to an end, but I think in the wisdom of this House, we can still do an amendment to extend that period for the Fund."
}