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"id": 515580,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/515580/?format=api",
"text_counter": 158,
"type": "speech",
"speaker_name": "Hon. Lati",
"speaker_title": "",
"speaker": {
"id": 2762,
"legal_name": "Jonathan Lelelit Lati",
"slug": "jonathan-lelelit-lati"
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"content": "Talking of revenues and expenditures, our revenue source projection is only about Kshs1.4 trillion while our Budget is about Kshs2 trillion. You expect the deficit of Kshs600 billion to be met through borrowing. We remain, as always, which is unfortunate, a deficit Budget country. We have never had a surplus since Independence. We need to get there. That is the only time we can create sovereign wealth. Today, we need to be very careful about the ballooning Government expenditure. It is the reason we now have a Budget deficit of about Kshs600 billion."
}