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{
    "id": 281396,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/281396/?format=api",
    "text_counter": 262,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, the final budget estimates for the year 2011/2012 approved by Parliament consisted of Kshs762.4 billion for Recurrent Expenditure, Kshs386.6 billion for Development Expenditure and Kshs0.5 billion for Civil Contingency Fund. The Recurrent Expenditure included an amount of Kshs552.9 billion for Ministerial discretion expenditure, an amount of Kshs209.5 billion for Consolidated Fund Services payments. The Development Expenditure comprised of Kshs213 billion which is domestically financed and Kshs183.1 billion financed by development partners. For that, we are grateful to our development partners. Mr. Temporary Deputy Speaker, Sir, since the commencement of the financial year, the Government faced a number of challenges and emerging priorities which were unforeseen and that required additional funding. They included salaries and advances for health workers--- Members are aware that there is a time when doctors and nurses were on strike. Then there was recruitment of additional teachers, implementation of the Constitution and security operations. The weakening of the Kenya shilling exchange rate against major currencies also increased the repayment of external debt in shilling terms and the Government expenditure on import of goods and services. Mr. Temporary Deputy Speaker, Sir, I wish to assure hon. Members that, despite those challenges, we have contained our expenditures within the resources available in order to maintain a micro-economic stability. Specifically, we have been able to finance using the existing civil contingency and, secondly, rationalization and scaling down of expenditures of slow moving projects and deferring of projects not likely to commence within the remaining period of the financial year. Mr. Temporary Deputy Speaker, Sir, Clause 2 of the Bill provides for the issue out of the Consolidated Fund of the sum of Kshs40,070,568,060 and to appropriate the funds for various services and purposes during the Financial Year ending 30th June this year."
}