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{
    "id": 754902,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/754902/?format=api",
    "text_counter": 181,
    "type": "speech",
    "speaker_name": "Mr. Rotich",
    "speaker_title": "The Cabinet Secretary for the National Treasury",
    "speaker": {
        "id": 1242,
        "legal_name": "Ronald Kiprotich Tonui",
        "slug": "ronald-kiprotich-tonui"
    },
    "content": "and Kshs106.7 billion net borrowing from domestic market. Hon Members, this means that the fiscal framework for 2013/14 is fully financed. In terms of allocation to county governments, hon. Members, the total allocation to county governments is Kshs 210 billion, of which Kshs 190 billion in equitable share, and conditional grant of Kshs 20 billion. The equitable division of revenue takes into account the functions assigned to the counties as outlined in the Constitution and the factors listed in Article 203 of the Constitution. The Transition Authority has gazetted all the county functions to be performed by county governments, starting 1st July 2013. They have also assessed the capacity of the county governments to provide the services assigned to them. Those counties, which will not be in a position to perform any of the transferred functions, may request the national Government to assist as their capacities are being developed. Hon. Members, the rest of my highlights outline various tax measures I intend to introduce through the Finance Bill 2013, which I have already submitted to the Budget and Appropriations Committee, and other regulations I have tabled in this House. This is towards accelerating broad-based economic growth, job creation and poverty reduction. The tax measures and other miscellaneous amendments I intend to propose hereunder are broadly categorized into five priority areas, which complement the various policies I have already outlined in the earlier part of my statement. These are: i Facilitating infrastructure development for a competitive economy;"
}