Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 246627,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/246627/?format=api",
    "text_counter": 47,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "This will create employment opportunities for the youth in the rural areas, reduce the rural-urban migration and level of crime in urban centres. Mr. Speaker, Sir, as part of the Government commitment to democracy and freedom, I have allocated a further Kshs100 million towards the establishment of the proposed Kenya Youth Council (KYC) which will create a forum for the youth countrywide to discuss matters that affect their socio-economic and political welfare. I have also allocated a further Kshs250 million towards the operations of the National Youth Service (NYS) to upscale their operations, and a further Kshs100 million to scale up the food rations required because of the extra intakes. Mr. Speaker, Sir, special measures will be taken in promoting the growth of music and the theatre industry alongside expansion of technical and vocational centres. I will refer to some fiscal incentives I am putting in place to encourage music, drama and such entertainment services which are dominated by our youth. Mr. Speaker, Sir, in line with the Government's commitment to mainstream gender in development, the Government will endeavour to earmark 50 per cent of the proposed funds for the Youth Enterprise Fund (YEF) to support entrepreneurial initiatives by young women. In addition, the Government is currently working on modalities to develop special credit products and incentives to be extended to financial institutions that set aside funds specifically to support enterprising women. Mr. Speaker, Sir, turning on to frameworks for improving the management of devolved funds, this Government is fully committed to improving the delivery of services at the local level as a way of alleviating poverty, providing increased employment opportunities and reducing regional imbalances. The Government has continued to increase the level of devolved funds for poverty alleviation and local development mainly through the Constituencies Development Fund (CDF), the Local Authorities Transfer Fund (LATF) and the Roads Maintenance Fund (RMF), among other funds. In the Financial Year 2006/2007, the funds that have been earmarked for the CDF will increase by 40 per cent from Kshs7.2 billion to Kshs10 billion. This is equivalent to increasing the statutory requirement from 2.5 per cent to an upwards of 3 per cent. The resources for LATF will also increase---"
}