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{
    "id": 318193,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/318193/?format=api",
    "text_counter": 345,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Kshs405 million. Treasury confirms that Kshs240 million has been allocated to the Political Parties Fund after Parliament’s recommendations that were adopted and approved by Parliament. Mr. Speaker, Sir, the Treasury is also aware that the section of the Political Parties Act requires that the political parties fund shall comprise of such funds not being less than 0.3 per cent of revenues collected by the national Government as may be provided by Parliament. In view of Section 24(1) of the Act, the political parties fund should be allocated approximately Kshs2.4 billion. However, as you are aware, the Budget was formulated under very tight fiscal framework as specified in the Budget Policy Statement for the year 2012. The Treasury was unable to allocate the full amount to the fund due to the hard Budget constraints. It is noted that in finalizing the Budget Estimates for the Financial Year 2013, the Treasury was guided by the available limited resources and the need to provide for other national priorities. The Treasury is also aware that the running costs of these branches require disbursement of funds from political parties fund provided that not less than 30 per cent of the monies allocated to a political party under Section 25 shall be used for the purposes referred to in Section 1(a). To conclude, the Political Parties Act, 2011 became operational on November, 2011. However, notwithstanding its provisions, the transitional provisions, under Section 5(1) of the Act provide that Section 33 of the Political Parties Act, 2007 shall apply until after the first General Elections under the Constitution. Thank you."
}