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{
    "id": 55940,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/55940/?format=api",
    "text_counter": 396,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "The Assistant Minister, Office of the Deputy Prime Minister and Ministry of Finance",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": "The Supplementary Appropriation Bill, 2011, seeks statutory approval from this Parliament of the expenditures contained in the Recurrent and Development Supplementary Estimates of the Financial Year 2010/2011. The Budget for the Financial Year 2010/2011 that I presented to this House amounted to Kshs998.8 billion comprising of the following: Kshs675.6 billion for Recurrent Expenditure, Kshs321.2 billion for Development Expenditure and Kshs2 billion provision for Civic Contingency Fund. I wish to reiterate that since the commencement of the financial year, the Government has faced a number of challenges and emerging priorities which were unforeseen that require additional funding. These include the requirement for the implementation of the Constitution, insecurity along our porous borders and piracy and drought. Despite the challenges and huge requirements for additional funding, we have contained expenditures within the resources available in order to maintain macro- economic stability. Specifically, the additional expenditures have been financed using the existing Civil Contingency facility, rationalization and scaling down expenditures of slow moving projects, deferring projects not likely to commence within the remaining period of the financial year and additional borrowing of Kshs20 billion. While finalizing the Supplementary Estimates, we have been guided by economy and efficiency in the utilization of the limited resources at our disposal. The funds allocated to the Ministries and departments shall therefore, be utilized efficiently to achieve the purposes and provide services for which this House has approved. Clause 2 of the Supplementary Appropriation Bill provides for the issue out of the Consolidated Fund of the sum of Kshs36,057,198,040 and to appropriate the funds for various services and purposes during the financial year ending 30th June, 2011. Clause 5 of the Bill seeks a reduction of the sum of Kshs29,561,786,298 of the supply granted for the services of the financial year ending 30th June, 2011. The net difference between the reduction and the addition is Kshs6,495,411,742. Having briefly apprised the Members of the objects and the reasons for the Bill, may I now request the House to pass it in order to authorize the issue of funds from the Consolidated Fund to meet expenditures as contained in the Recurrent and the Development Supplementary Estimates of the 2010/2011 Financial Year."
}