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{
    "id": 729904,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/729904/?format=api",
    "text_counter": 173,
    "type": "speech",
    "speaker_name": "Hon. Wakhungu",
    "speaker_title": "",
    "speaker": {
        "id": 1889,
        "legal_name": "Chrisantus Wamalwa Wakhungu",
        "slug": "chrisantus-wamalwa-wakhungu"
    },
    "content": "look at the last audited accounts that were approved. We know very well that the last audited accounts that were approved were those of 2013/2014 and yet we are looking at 2017/2018. We have a deficit of about four years. This is not good for devolution. We are talking about Kshs2.631 trillion and whatever is going down to our counties is not corresponding. We wish that in future that the committees in charge move with speed so that the audited revenues are approved in good time so that if we are dealing with the Budget Estimates of Financial Year 2017/2018, we will base it on the revenues of 2016/2017. In this case, we have a deficit of four years. Another issue that I wish to talk about is the issue of absorption. This is very critical because when this money is not absorbed, it is returned back to the National Treasury. So, it also complicates---"
}