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{
    "id": 662117,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/662117/?format=api",
    "text_counter": 148,
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    "content": "our main role is to facilitate the private sector to join hands with the Government in creating value addition for agricultural produce in the country for both domestic and export markets. That is why we are investing in small holder irrigation and ensuring affordable credit to farmers. Kenyans are very loud and clear that we should eliminate corruption and wastage. I will say more later on in this Statement on what we are doing in this area. I was delighted by the overwhelming constructive responses by Kenyans who have so far sent me over 285 suggestions, and I would like to assure them that we will take those suggestions into account as we strive to implement our economic transformation agenda. Let me now turn to the highlights of the 2016/2017 Budget. This Budget is guided by the Government’s strategic interventions aimed at transforming our economy into a fully-fledged middle income country sooner rather than later. It is a Budget that will reinforce the foundation that we set three years ago for a strong shared growth and for a sustained reduction in unemployment and poverty. In brief, we propose improving our revenue collection, including Appropriations-in-Aid (A-in-A) to Ksh1,500.6 billion or 20.3 per cent of GDP, up from the estimated Ksh1,295.4 billion or 19.7 per cent of GDP in 2015/2016. We plan to enhance our efforts to broaden the tax base and improve revenue administration by the Kenya Revenue Authority. Already, we have adopted a simple and modern VAT legislation, while appeals have been consolidated in one legislation. I thank this House for approving a modern and simplified Excise Duty Act and Tax Procedure Act, both of which are now being implemented. Already, those legislations are beginning to yield more revenues for the Government, judging from the performance in the recent four months. 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."
}