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{
    "id": 85768,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/85768/?format=api",
    "text_counter": 379,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "The Assistant Minister, Office of the Deputy Prime Minister and Ministry of Finance",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": " Mr. Temporary Deputy Speaker, Sir, unless this is a new practice, I know that committees deal with officers unless, as he says, there was a specific invitation to the Minister. However, this issue could have been clarified when the Permanent Secretary and his team appeared before the Committee. As far as the Treasury is concerned, the Ministry confirms that there are no arrears owing to the CDF which are yet to be disbursed. For instance, in 2009/2010, the Treasury disturbed the full amount of Kshs12.3 billion to the Ministry of State for Planning, National Development and Vision 2030 for onward transfer to the CDF Board. The Treasury reiterates its commitment to the full disbursement of the CDF to the Ministry of State for Planning, National Development and Vision 2030 for onward disbursement to the CDF Board. The CDF is based on law which is an Act of Parliament. The law earmarks 2.5 per cent of ordinary revenue as funds under the CDF. As is the case under the CFS classification and based on international practice, the Treasury excludes investment income which is dividends and directors’ fee from ordinary revenue as a base for calculating the CDF. It is on this base that the 2.5 per cent should apply to estimate the CDF funding. The CDF funding excludes earnings from Government investments and payment to Directors. Further, given that the CDF Act came into force after both the LATF Act and the KRA Act that also charged the same ordinary revenue in calculating the CDF, the Treasury nets out allocation to the KRA up to 2 per cent of ordinary revenue and allocation of LATF which is 5 per cent of income tax to arrive at the CDF calculation shown on Table F which I will table here."
}