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{
    "id": 877507,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/877507/?format=api",
    "text_counter": 419,
    "type": "speech",
    "speaker_name": "Kikuyu, JP",
    "speaker_title": "Hon. Kimani Ichung'wah",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "As I finish, let me re-emphasise the issue of over-estimation of revenues. We have expressed concerns that the realism of our revenue projections in this BPS may not be very good. We raised this issue with the National Treasury and have had an opportunity to scrutinise the strategic plan of the KRA that was recently launched. We have expressed our concerns both to the National Treasury and on this Floor to officers at KRA. As we said to the National Treasury, we cannot continue running away from the problem that we are facing at KRA. It will be foolish of us to run away from a problem that we can clearly see exists. We have a problem at KRA which we insist must be fixed if we are to realise our revenue projections. Failure to realise those revenue projections yet we have already appropriated them to expenditure will mean that we will only be expanding our fiscal deficit and will have to go and borrow again. That is what I want to emphasise. Whether it is an institutional, systemic or leadership problem at the KRA, the Government has no option but to fix whatever ails it to ensure that we realise our revenue projections for us to move towards a balanced budget, sustain our debt levels and service all our borrowing. That is not to say that we should not borrow. We should borrow but do so responsibly and with a clear vision in sight that at one point we will move this economy towards a balanced budget where we do not have to borrow to finance our living standards or means of living. Therefore, with those very many remarks, I beg to move. My Vice-Chair is now announcing to me that he is here. I had looked around and I did not see him. He was timing. I wish to request that he seconds this Motion."
}