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{
    "id": 729985,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/729985/?format=api",
    "text_counter": 254,
    "type": "speech",
    "speaker_name": "Hon. Mbui",
    "speaker_title": "",
    "speaker": {
        "id": 1750,
        "legal_name": "Robert Mbui",
        "slug": "robert-mbui"
    },
    "content": "Hon. Temporary Deputy Speaker, this is an extremely ambitious Budget of Kshs2.6 trillion. It looks very good on paper and sounds very good on radio. The country seems to be rich. We are very happy saying that we took over this country when the Budget was a few hundreds of billions and it has risen to more than a trillion. It is now more than Kshs2 trillion. But what is the truth? The truth is that the money that makes up this Budget is not available. We are going to have a huge budget deficit. We had it last year and the year before and we are plugging it with borrowed funds. When you borrow, you are actually putting a burden not only on the current generation, but also on the future. We know that this country is headed in the wrong direction. You borrow money so that you can invest and make more money than what you borrowed and pay it back with interest and remain with a profit. Here we are borrowing money, but what are we doing? We are paying huge salaries. That is one of the issues that I have noticed. We are paying huge per diems and have fuel guzzlers. We have 47 motorcades in this country for the county governments, and for almost every CS. Of course, the President and the Deputy President deserve it but, this is a country that is borrowing money to spend on luxuries. We are borrowing money and investing it in high expense, but very low value projects. I will give examples of two projects, namely, the SGR and the LAPSSET projects. If the initial plan was to succeed, the projects would make sense. Currently, if other partner States within our East African Community are no longer participating, then, basically, we are looking at a situation where we are borrowing money and investing in projects that are time and money wasters. So, we need to be careful as we continue to borrow in the future."
}