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{
    "id": 662113,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/662113/?format=api",
    "text_counter": 144,
    "type": "speech",
    "speaker_name": "Mr. Henry Rotich",
    "speaker_title": "The Cabinet Secretary for the National Treasury",
    "speaker": {
        "id": 13142,
        "legal_name": "Henry Rotich",
        "slug": "henry-rotich"
    },
    "content": " Hon. Speaker, once again, it is my singular honour to present the Fourth Budget Statement under the Administration of His Excellency the President Uhuru Kenyatta. This Statement is being presented at a time when our economy is growing at a decent pace compared with other countries in the region and globally. In short, our economy is performing quite well and the policy measures I intend to highlight this afternoon are intended to consolidate that momentum and lead to increased prosperity for all Kenyans. Accordingly, the theme of this Budget is: “Consolidating Gains for a Prosperous Kenya.” Hon. Speaker, that optimism is not misplaced. It is, indeed, based on our well demonstrated capacity for resilience and strong and prudent management of our economic affairs, even in the face of a difficult global environment. I will, in a short while, demonstrate the recent economic successes that we have made as a nation under very difficult circumstances. But before I do that, allow me, at the outset, to thank you for allowing us to read the Budget Statement on a Wednesday – a break from the past where we read it on Thursdays. This is because our sisters and brothers in Uganda will be celebrating their National Heroes Day tomorrow. Therefore, in keeping with our tradition of presenting Budget Statements simultaneously in the East African Countries (EAC), this day was agreed upon by all EAC partners. Our economy is growing at a stronger pace than others because under the strong leadership of our President, we are confronting head-on the challenges we face with determination and confidence. Kenyans want their children to go to quality schools and to get jobs; they want to live healthy lives; they want decent transport; they want affordable food and a decent shelter and, above all, they want to see progress in all aspects of our economy. Achieving all this requires bold leadership and all Kenyans working hard and playing their part to deliver a common vision for our country. In sum, we need to remain steadfast in pursuing our long term development agenda and focus less on short term fixes of issues. I believe wholeheartedly that Kenyans are up to the task but it requires concerted efforts from all of us to aim high and remain focused on what needs to be done. With our vibrant democracy and great leadership from the President, I can confirm that the future of our nation is, indeed, bright. Hon. Speaker, our plan for economic transformation, which started in 2013, is working and delivering results. We just need to remain steadfast and continue to:- (i) improve the business environment in order to lower the cost of doing business, improve competitiveness and attract more investment for growth, employment generation and poverty reduction; (ii) safeguard macro-economic stability; (iii) invest in security; 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."
}