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{
    "id": 736626,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/736626/?format=api",
    "text_counter": 259,
    "type": "speech",
    "speaker_name": "Hon. (Eng.) Gumbo",
    "speaker_title": "",
    "speaker": {
        "id": 24,
        "legal_name": "Nicholas Gumbo",
        "slug": "nicholas-gumbo"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker for the opportunity to speak to this Bill. As I speak to this Bill, allow me to start by saying that the public finance cycle is usually uniform and in fact it is always universal world over. In any country, the public finance cycle will start with the Budget design, which is the presentation of the Budget between Parliament and the Executive which is presented to the House. Then Parliament embarks on the enabling legislation to implement the Budget which in essence is nothing more than a covenant with the people and a statement on what the Government intends to do to the people as it collects taxes from the people."
}