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"content": "therefore enhance our tree planting and re-forestation, water harvesting, smart agriculture, technologies that reduce pollution levels, investments in green energy, construction of mini dams, water pans and rehabilitation of existing dams and water pans. The Constitution of Kenya and Vision 2030, and in line with the Sustainable Development Goals (SDG 6), promises universal access of safe water and sanitation for all by 2030. It is with this in mind that the Embassy of Sweden came up with Kenya Innovative Financing Facility for water that will establish a Kenya Pooled Water Fund (KPWF) to facilitate financing of the water sector infrastructure by issuing longer term bonds in the local capital market. This will be lent to credit worthy Water Service Providers (WSPs) to build water and sanitation infrastructure. This programme will leverage the existing Ministry of Water and Irrigation budget by raising a minimum of Kshs3 billion in infrastructure bonds on an annual basis. As you are aware, Hon. Speaker, Kenya will go into elections in August 2017. The Government is committed to a free and fair general election. Towards this end, we have allocated the Independent Electoral and Boundaries Commission (IEBC), Kshs19.7 billion for them to adequately prepare and conduct the general elections. We have also allocated to Parliamentary Service Commission and to the Judiciary Kshs28.4 billion and Kshs15.8 billion, respectively. Since the Financial Year 2013/2014, the National Government has supported devolution as stipulated in the Constitution and the PFM Act 2012. As evidence of this commitment, significant financial resources have been channelled to counties to determine and finance their own priority programmes in line with the National Development Agenda. Over the last three financial years since devolution was introduced, the National Government has allocated more than Kshs710 billion to the counties. Majority of this allocation - some Kshs676 billion - was transferred in the form of counties’ equitable share of nationally- raised revenue. During the just-ended three-year transition period, annual aggregate fiscal allocations to the counties – that is, including additional conditional allocations - increased from Kshs195 billion in 2013/14 to Kshs288.0 billion in 2015/16, representing a growth of more than 42 percent. Hon. Speaker, I want to say that since July 2013 (when devolution took root), we have disbursed every single penny due to counties in every financial year. Indeed, as at today, we have disbursed all equitable share funds for the eleven months to May in this current financial year 2015/16. We are now preparing to disburse the last batch for the month of June. In the Financial Year 2016/17, Parliament has approved allocations to county governments amounting to Kshs280.3 billion as the equitable share of revenue raised nationally. This allocation guarantees county governments of a Kshs20.5 billion increase over and above the equitable share allocation in the Financial Year 2015/16. Furthermore, this allocation is more than double the constitutional minimum of 15 per cent of the latest audited revenues. We have also provided additional conditional allocations to county governments, amounting to Kshs23.9 billion that include: Conditional grant for Level-5 Hospitals of Kshs4.0 billion; Special Purpose Grant of Kshs200.0 million to support emergency medical services in two counties (Lamu and Tana River) which are vulnerable to terror attacks; Grant for free maternal healthcare of Kshs4.1 billion; Kshs900 million conditional grant to compensate county governments for foregone user fees (which was abolished); Kshs4.5 billion for financing the leasing of medical equipment; Kshs4.3 billion for the Road Maintenance Fuel Levy Fund; Kshs605 million for construction of county headquarters in five counties and Kshs5.3 billion conditional loans and grants from the World Bank, Denmark. 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."
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