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{
    "id": 562738,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/562738/?format=api",
    "text_counter": 391,
    "type": "speech",
    "speaker_name": "Hon. Ng’ongo",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Hon. Deputy Speaker, I was raising a fundamental issue. The reasoning of the Treasury when we asked them why they were going beyond 10 per cent, they initially insisted that the money that is being borrowed externally should not form part of the 10 per cent provision. I reminded them that the provision of Article 223(5) talks about money appropriated. Parliament appropriates money including loans; external financing. Therefore, that is when this argument of special circumstances came about. If the Kshs130 billion for the SGR is a special circumstance, we can understand that. If the loan had been negotiated with the Chinese Government and it was agreed that, that payment has to come in before 30th June, and it is money from our development partners, why can we not just deal with that and remove these other expenditures which are not under any special circumstance, for instance, the money going to the NYS of Kshs4.9 billion? There is no special circumstance to force us to spend that money. What Hon. Dalmas Otieno said is very fundamental. We had a Budget deficit for this financial year. By increasing the Budget by over Kshs200 billion, we are increasing the Budget deficit, whether we like it or not. Further, Hon. Dalmas said that the under- collection that is declared by the KRA was Kshs70 billion. That Kshs70 billion was only upto March. If you try to figure it out and extrapolate it to the end of the financial year, you will come up with Kshs93 billion. So, if you add Kshs93 billion to Kshs250 billion, you are talking of over Kshs300 billion extra Budget deficit that you are likely to incur in the previous year. Where do you get that money? You will get that money from external 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."
}