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{
    "id": 846693,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/846693/?format=api",
    "text_counter": 220,
    "type": "speech",
    "speaker_name": "Suba South, ODM",
    "speaker_title": "Hon. John Mbadi",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "This year’s Finance Bill is not very encouraging; let me say that from the outset. I know the Government is struggling to plug the budget deficit. For those who have forgotten, we have projected a budget deficit to the tune of Kshs562 billion this year and this can only be financed through debt. Besides that, the additional tax measures and tax administration measures we are taking are going to result in an additional Kshs27.6 billion. That is what we are looking for. For any engagement regarding amendments and possible reduction of proposals in the Financial Bill, we should keep at the back of our mind that what the Government wants to raise is Kshs27 billion more. The question we need to ask ourselves is whether as a country if we shoot down or defeat some of these proposals, can we live with Kshs27 billion. My answer is we can so long as it is for the benefit of the people of this country."
}