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{
    "id": 23283,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/23283/?format=api",
    "text_counter": 71,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Mr. Temporary Deputy Chairman, Sir, with all due respect to the Committee, I would like to oppose this amendment. I thought putting a percentage would take care of the decrease in value of the amounts in future, so that it is pegged to a percentage. As the economy grows, the Contingency Fund would also grow. The Kshs10 billion may look handsome today but in five to ten years time, it may be insufficient to meet contingencies. So, for me, I think applying a percentage on the National Government Revenue would be a better way to go than to have a fixed sum that would require amendments. Capping it at a specific figure means that we will be making amendments on the Act later, which I do not think is really tidy."
}