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{
    "id": 365502,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/365502/?format=api",
    "text_counter": 140,
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    "content": "on matters of concern to all of us – that is building a better Kenya for the current generation of Kenyans and for the generations to come. Hon. Members, we must now seize this opportunity to urgently address the main challenges that we continue to face, notably, elevating the economy to a higher and sustainable growth path, creating decent jobs and significantly reducing poverty while preserving macroeconomic stability. As His Excellency the President pointed out in his Address to the Joint Session of Parliament on 16th April 2013, none of us can rest, or sleep, peacefully until every Kenyan can find a job easily, feed himself and his family and easily exploit available opportunities to improve his own live. The President has correctly challenged us to show results to Kenyans. We, therefore, need to re-examine our strategies, and to set a more comprehensive and focused plan of action. We also need to build a new common purpose, so that we can use our skills and resources to deal with our economic and social challenges. The President has already shown the way. He has restructured the Government by collapsing 44 Ministries into 18 Ministries and commencing the journey to organizational restructuring and rationalizing public agencies, that is driven by the imperative of service delivery. The Government is also forging a new engagement with the business sector and development partners, through which we will mobilize our determination to build a better Kenya that meets the aspirations of our people. Despite the progress we have made over the last 50 years since Independence, we still face various human development challenges. The majority of our youth have no work. Income inequality is high and about a half of our population still lives in abject poverty. Indeed, a large number of Kenyans are still food insecure, and have low access to quality health services. As a consequence, we are confronted with several social and economic challenges, including unacceptably high rates of crime. So we have to act now. We must strengthen institutions to deliver public services effectively. We must transform the structure of our economy, so that all Kenyans can share in the opportunities that our country offers. We must, in our own way, demonstrate to the world that it is possible to transform our economy, so as to deliver an inclusive and broad-based development. We must also ensure that the system of devolved government succeeds. The Government is ready to work tirelessly to build a future in which all Kenyans can take pride, and equitably share the benefits. Therefore, the key message of this Budget is “Transformation for Shared Prosperity”. The Cabinet, under the leadership of His Excellency the President, has agreed on a set of outcomes that will shape our policies and programmes for the year ahead. The key outcomes of this action plan, which informs this Budget, aim at locking in and securing a sustained higher and inclusive economic growth and development for our country. My privilege today is to present Kenya’s economic action plan, a plan for jobs, growth and long term prosperity . I will elaborate on some of the economic and fiscal policy measures that the new administration plans to implement, share with Members of Parliament and all Kenyans the spending plans and tax revenue measures and some of the projects and programmes that the Government will undertake over the period ahead. Before I proceed to elaborate on the programmes, let me highlight the economic context in which this Budget has been prepared. Hon. Members, the global economic recovery is taking shape but the road ahead is still bumpy. After growing by 3.2 per cent"
}