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{
    "id": 304740,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/304740/?format=api",
    "text_counter": 293,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
    },
    "content": " Thank you, Madam Temporary Deputy Speaker. (ii) Why is it that there was non-release of the Exchequer to the Ministry of State for Immigration and Registration of Persons in the first quarter of 2011/2012? Does it mean that the Appropriations-In-Aid (A-in-A) that is collected by the Ministry was not converted to revenue? (iii) Why have most Ministries received exceptionally low Exchequer issues on development funds? Will this lead to non-implementation of the projects and the programmes? (iv) Is the commitment to keep inflation rate within a single digit being violated? What have been the factors? Why is it that in this quarterly review the inflation has been disobeyed; we have gone double digits within the first quarterly review? (v) Has the Minister been faithful in utilizing the funds that Parliament has given him? If he has overdrawn any money from the Consolidated Fund which was not in the Budget, has he, in keeping with the Constitution, brought anything to Parliament under Article 243 of the Constitution for further approval? Madam Temporary Deputy Speaker, arising from the above request, I wish to state the following: (i) As part of the ongoing financial management reforms being undertaken in Government, Exchequer issues are released to Ministries and departments as per their cash requirement projections which are based on work plans and procurement plans. Further, in order to eliminate idle cash in Ministries’ and departments’ bank accounts, cash is availed only when the payment process is finalized at the Ministry and payment instructions issued to the Central Bank of Kenya (CBK). Therefore, Ministries with programmes which require cash early in the year will, on the basis of agreed cash projections, receive more cash during that period relative to those Ministries whose programmes are to be undertaken in the second quarter or later in the second half of the financial year. That explains why Exchequer releases differ among Ministries and departments. (ii) Regarding the non-release of Exchequer issues to the Ministry of State for Immigration and Registration of Persons, this was because the Ministry has been utilizing cash brought forward from 2010/2011 which, when confirmed after audit is completed, the balance will be paid into the Exchequer. The Ministry can at anytime request Exchequer issues through instructions to the CBK when cash carried from 2010/2011 is exhausted."
}