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{
    "id": 1591190,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1591190/?format=api",
    "text_counter": 176,
    "type": "speech",
    "speaker_name": "Hon. John Mbadi",
    "speaker_title": "The Cabinet Secretary for The National Treasury and Economic Planning",
    "speaker": null,
    "content": " Thank you very much, Hon. Speaker. Let me now turn to resource allocation so that Members and the Kenyan people can appreciate where we have allocated the limited resources that we have. Let me highlight the government spending priorities for the 2025/2026 Financial Year. Expenditures for the Financial Year will consolidate the gains realised under BETA, with special focus placed on promoting investment in core pillars and their enablers through a value-chain approach. Agricultural transformation and inclusive growth is the first pillar. The government will continue to transform the agricultural sector by increasing productivity in key value chain, such as fisheries and aquaculture, horticulture, food crops, livestock and rangeland development. The Government will scale up support to farmers through input financing, subsidies and extension services. This will move the country from food deficit to food surplus, reduce reliance on food imports and revamp export crops. In this respect, I have proposed an allocation of Ksh47.6 billion for various programmes under this sector, despite the fact that agriculture is largely, devolved. This includes Ksh8 billion for fertiliser subsidy programme, Ksh10.2 billion for The National Agricultural Value Chain Development Project, Ksh800 million for Small- Scale Irrigation and Value Addition Project, Ksh1.2 billion for Food Security and Crop Diversification Project and Ksh5.8 billion for the Food Systems Resilience Project. To promote livestock production, I have proposed Ksh2.3 billion for the De-risking, Inclusion and Value Enhancement of Pastoral Economies Programme, Ksh1.6 million for the Kenya Livestock Commercialisation Programme and Ksh280 million for the Livestock Value Chain Support Project. I have also proposed Ksh340 million for the development of Leather Industrial Park at Kenanie. To support the growth of the blue economy, I have proposed a total of Ksh8.2 billion to the blue economy and fisheries sub-sector. This includes Ksh2.3 billion for Aquaculture Business Development Project, Ksh2.4 billion for Kenya Marine Fisheries and Socio- Economic Development Project and Ksh500 million for the Kabonyo Fisheries and Aquaculture Training Centre. To raise agricultural productivity and enhance resilience to climate change and risks in targeted smallholder farming and pastoral communities, I have proposed an allocation of 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."
}