Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 368227,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/368227/?format=api",
    "text_counter": 292,
    "type": "speech",
    "speaker_name": "Hon. Mwaura",
    "speaker_title": "",
    "speaker": {
        "id": 13129,
        "legal_name": "Isaac Maigua Mwaura",
        "slug": "isaac-mwaura"
    },
    "content": "Looking at the Budget making process, there is a tendency within the Executive and other arms of Government to have an incremental mode of expenditure, where Accounting Officers ask for more money year in, year out. I think that is why the Constitution created the Office of the Controller of Budget. I thought that with the re- allocation of duties and sharing, under Schedule 4 of the Constitution of the Republic of Kenya, we would see a big reduction of expenditure in the national Government and a re- allocation of resources to the devolved governments. As a Kenyan, I am also concerned about the debt portfolio of this great country. The Constitution provides a threshold of 50 per cent of national revenue. If you look at our debt register, you will see that we are already at 49.6 per cent, meaning that we have a borrowing window of only 0.4 per cent remaining, if we are to adhere to the provisions of the Constitution and the enabling legislations, such as the Public Finance Management Act. This means there will be a challenge, in terms of financing, for example, the very ambitious infrastructural development programmes at both the national and county levels."
}