Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 719739,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/719739/?format=api",
    "text_counter": 43,
    "type": "speech",
    "speaker_name": "Hon. Musyimi",
    "speaker_title": "",
    "speaker": {
        "id": 95,
        "legal_name": "Mutava Musyimi",
        "slug": "mutava-musyimi"
    },
    "content": "Hon. Deputy Speaker, I beg to move that the Division of Revenue Bill (National Assembly Bill No. 2 of 2017), be now read a Second Time. I do not need to stress that this is a very important Bill. The significance of this Bill lies in the fact that once adopted, it begins the process of unlocking funds for both the county governments as well as the national Government. It also gives impetus to the preparation and finalisation of the budget estimates for the Financial Year 2017/2018. Hon. Members will be aware that the Budget Policy Statement (BPS) that they passed is the anchor of this Bill. The Division of Revenue Bill, 2017 provides for sharing of revenue that is raised nationally between the national Government and county governments for the Financial Year 2017/2018, in accordance with Articles 203 and 218 of our Constitution. This Bill sets out the indicative total sharable revenue, national Government share of revenue and county equitable share of revenue, conditional grants and the Equalisation Fund. The total sharable revenue during the Financial Year 2017/2018 is projected at Kshs1,549,412,000,000. This represents a positive increase of Kshs169,213,000,000 up from Kshs1,380,199,000,000. The last audited and approved revenue accounts related to the Financial Year 2013/2014 were estimated at Kshs935.653 billion. This, in actual fact, demonstrates that the de facto basis of sharing revenue is not as is required by law the last audited accounts, but the projected revenue collections during the Financial Year 2017/2018. Out of the Financial Year 2017/2018 projected revenue in the amounts that I have mentioned, that which would go to the national Government would be Kshs1,238,343,840,000. This will include Kshs3.4 billion as a special grant to the National Hosptial Insurance Fund (NHIF) to cater for free maternity health care to be disbursed as reimbursements. Also, this will include the Equalisation Fund."
}