Entry Instance

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

{
    "id": 430106,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/430106/?format=api",
    "text_counter": 352,
    "type": "speech",
    "speaker_name": "Hon. Ng’ongo",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I want to support the Report of my Committee and first I want to start by saying that Section 25 of the Public Finance Management (PFM) Act requires the National Treasury to prepare and submit to Parliament the Budget Policy Statement (BPS) by the 15th in each year. This Statement, as has been said before, needs to give an assessment of the current state of the economy and the financial outlook over the medium term. Secondly, it is to give financial outlook with respect to Government revenues, expenditure and borrowing for both the next financial year and over the medium term. So, hon. Temporary Deputy Speaker, by just merely looking at the BPS you are able to know for the coming financial year and two subsequent years how much the Government anticipates to collect in terms of revenue, how much the Government intends to spend in terms of expenditure and how much the Government intends to borrow both externally and domestically. Hon. Temporary Deputy Speaker, the third aspect that needs to be addressed in this Statement is the proposed expenditure limits for the national Government including Parliament and the Judiciary because we have three levels of Government and indicative The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}