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{
    "id": 517494,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/517494/?format=api",
    "text_counter": 182,
    "type": "speech",
    "speaker_name": "Hon. Musyimi",
    "speaker_title": "",
    "speaker": {
        "id": 95,
        "legal_name": "Mutava Musyimi",
        "slug": "mutava-musyimi"
    },
    "content": "expenditure from recurrent to capital expenditure, no such measure have been implemented to date. Indeed, the total expenditure reduction strategy appears to be a moving target. That is unfortunate. The danger of ballooning public expenditure is that it is likely to increase the Government’s appetite for borrowing, which will not only increase the level of public debt to unsustainable levels but also reduce credit access by the private sector, making it very difficult for the private enterprise to thrive. As we all know, it is the private sector that drives any economy. With respect to governance and oversight institutions, my Committee noted that it is crucial that we give support to the National Treasury itself. A strong National Treasury, as an institution, is crucial for our country because it is an Executive Ministry. It is absolutely crucial that our National Treasury is strong, as an institution. Apart from its Executive capacities given to it by the Constitution, it also has an oversight role. The other oversight institutions are the Controller of Budget, the Office of the Auditor- General, the Public Procurement and Oversight Authority and the Ethics and Anti- Corruption Commission (EACC). These offices are important, especially at a time when there is a lot of talk about corruption. It is absolutely crucial that these institutions get the necessary budgetary support that they require. These are matters we have raised with the National Treasury. Indeed, we have gone further and proposed that the Senate gets Kshs1 billion. This will be the first time the Senate will be getting money so that it can exercise monitoring and evaluation work. In the Budget Policy Statement, we are also proposing that---"
}