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"speaker_name": "Mr. Mbau",
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"content": "Mr. Temporary Deputy Speaker, Sir, we also note the failure to disclose the revenue impact of discretionary tax measures. As a committee, we noted that the Finance Minister, in his 2011 Budget Statement, failed to disclose the revenue impact of discretionary tax measures, and thus contravened the constitutional principle of transparency and full disclosure of information. This is important given that each and every revenue measure proposed in the Budget results in either revenue loss or revenue gain. The committee, therefore, recommends that as the Finance Bill, 2011 is being reviewed by the relevant committee of this House, the Minister be required to disclose the gains and losses from each of the proposed revenue measures."
}