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{
    "id": 641386,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/641386/?format=api",
    "text_counter": 311,
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    "content": "of idle bank balances but it is not financial prudence to do that. That is why I sought your guidance on how we would address this as the Senate. If for example, the is Kshs50 billion or Kshs100 billion which is supposed to go to the counties in one tranche and by the time the next one is going, there would be half of that amount hanging around in those deposits of the county revenue funds because these amounts have neither been spent nor returned to the National Treasury. We had an example of Turkana County. At the end of the financial year last year, the amount of money that was being argued about by the county assembly was being returned to the National Treasury, having been accounted for as unutilized at the end of that financial year – how do we express ourselves on this as Senate? If we do not call for financial prudence, we may make an argument that would not hold water in sound financial thinking."
}