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{
    "id": 802020,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/802020/?format=api",
    "text_counter": 77,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "Moving on to the key highlights of the 2018/2019 Budget, the overall proposed Budget for the Financial Year 2018/2019 amounts to Kshs3.074 trillion which comprises the following allocations: National Government - Kshs1.676 trillion, the Judiciary - Kshs17.76 billion, both Houses of Parliament - Kshs42.54 billion, the Consolidated Fund Services - Kshs962.562 billion and the County Revenue Allocation - Kshs372.742 billion. The general direction of the fiscal policy as indicated by the national Government is a reduction in expenditure as Government pursues fiscal consolidation in line with the East African Community (EAC) Monetary Convergence Criteria to bring down the fiscal deficit to three per cent by 2020/2021."
}