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"speaker_name": "Hon. A.B. Duale",
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"content": "Thank you, Hon. Temporary Deputy Speaker. First, I want to thank the Chairman of the Budget and Appropriations Committee and his Members for living within the timeline period given to them by the House. The BPS 2018 is the first policy document under the duly and democratically elected Jubilee Government. The BPS is prepared pursuant to Section 25 of the Public Finance Management Act. The BPS is one of the budget documents which this House approves every year and is going to do so in the next five years as part of its oversight role on public finance management. If you look at the current BPS, you will realize that it provides an opportunity for this House to engage on budget matters at a policy level. Thus, the BPS is one of the budget documents which allows for consultations between all stakeholders, the Executive and Parliament -more so, the National Assembly - on how to use and mobilise resources. From the outset, I need to appreciate the expeditious manner in which the Budget and Appropriations Committee has executed its mandate in processing the BPS 2018. I would also like to appreciate the National Treasury for preparing the BPS as required by law. The compliance level in terms of legal requirement in preparing the BPS this year is commendable and we would like to appreciate the National Treasury for its effort and dedication in this particular work. The Chairman has spoken about the big four agenda. Under that banner, the BPS 2018 outlines key interventions in manufacturing, agriculture, food security, healthcare as well in job creation and housing. If you look at job creation and the general improvement of the quality of health of our people, all these four items are interconnected. To achieve the big four agenda the Jubilee Government is set to increase the share of manufacturing sector from the current 9.2 per cent to 15 per cent of the Gross Domestic Product (GDP) by the year 2022. That is the target. I wondered when the Chair said that this BPS does not have targets. The target under the BPS is that in manufacturing we must move this sector from the current 9.2 per cent to 15 per cent of the GDP by 2022. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}