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{
    "id": 778106,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/778106/?format=api",
    "text_counter": 185,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "financial year be included, ideally includes the details of capital expenditure which should include a list of projects. Furthermore, the Committee noted that the ceiling for development expenditure and personnel spending of the national Government Budget approved by Parliament are not binding to the 2017 BPS as the case should be. This is contrary to PFM Regulation 27(5). The spirit of this binding was so as to ensure the medium-term expenditure framework becomes a reality and not a ritual and also to improve capital budget implementation. The importance of the Medium-Term Expenditure Framework (MTEF) is that it determines the fiscal space available to a spending agency over the medium-term which ensures predictability of resources thereby, allowing the spending agency to simply focus on results. It is this Budget and Appropriations Committee’s submission therefore, that presets limits for the medium-term which should be regarded as the hard Budget constraint and should be the starting point for budgeting in any subsequent year. If the budget disregards medium-term decisions especially those enshrined in law, it will therefore not be effective at all."
}