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{
    "id": 748240,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/748240/?format=api",
    "text_counter": 62,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "When we were passing that document, that Statement was informed by a number of macro-economic factors. That Statement has projected inflation rates, it has projected the interest rates, it has projected revenue collection and it has even projected on what the economic growth should be this Financial Year. Those who took time to read the document will realise the projected economic growth is about 5.8 per cent, implying that if any of the macro-economic factors which have been considered change, more likely, the projected growth will also change. With the projected revenue collection, it means it is very important that every time you recommend a change of expenditure, you also recommend the source of that revenue. Otherwise, you will affect the projected budget deficit. I think it is as a result of that, that you will realise that the Committee, after discussing and sitting with the Cabinet Secretary (CS) of the National Treasury, has settled on the same figures. When you look at the amounts proposed, the national Government is proposed to get about Kshs1.23 trillion and the county governments is, from the equitable share of revenue, projected to get about Kshs291 billion. It is a difference of about Kshs10 billion more, compared to last year’s allocation of Kshs280 billion. In a situation where the Senate proposes to increase the amount to Kshs321 billion, it would have been fair to the process if it also indicated where the money to meet that gap would come from – the finance gap which is being proposed. It is only on the basis of that, as a House, that we would pass this Division of Revenue Bill, so that we make sure that we propose sources of funds any time we propose an additional funding. This being the third year of funding, and this is the third year we are talking of the Division of Revenue Bill, we should know. A number of resources have been proposed; more so, under the so-called conditional grants. I have said it very many times and I want to repeat it: On the issue of leasing of medical equipment, this is the third year we are doing it. We have set aside resources for leasing medical equipment. Any time we interact with Kenyans out there, it is important Kenyans start getting value for money. It is important Kenyans start feeling the quality of medical services improving as a result of that 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."
}