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{
    "id": 293655,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/293655/?format=api",
    "text_counter": 138,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Now, turning to the budget outturn for this year, due to the economic challenges experienced in 2011 and combined with the changes in the Value Added Tax (VAT) withholding mechanism, tax collection is suspected to be short of the budget estimate target by about Kshs25 billion. At the same time, the Government has absorbed duty elimination on kerosene, wheat and maize, with an annual revenue loss of about Kshs10 billion. Mr. Speaker, Sir, on the expenditure side, the Government has incurred higher expenditure on salary awards, employment of teachers, security operations in Somalia, implementation of the Constitution and fertilizer subsidies to insulate farmers from the rising prices. In order to finance these emerging additional expenditure pressures in the face of financing constraints, the Government instituted austerity measures which took into account performance of expenditure so far and the absorption capacity in the"
}