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{
    "id": 900073,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/900073/?format=api",
    "text_counter": 409,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Chair has talked about many things and I agree especially with the fact that we are working extra hard. We are actually over-working ourselves. We should be commended by the leadership of this House for being one of the most hardworking PACs by delivering one report after another. Audit is part of budget-making because budget-making starts with formulation of the budget. Then we go to the implementation and, at the tail end, we come in as PAC. If you look at the whole budget-making process - because we are part of it – you will find that we are failing. We are failing in many respects. There is no way of knowing whether something is working by the results. The budget of a country is supposed to bring about some positive change within that economy. If you look at the two-pronged way of how to measure the economy - the monetary policy side and the fiscal side - you will realise that the fiscal side is what budget-making should address. We are doing very well when it comes to monetary policy. That is why we have been able to get a very stable local currency, arrest inflation and even foreign exchange. But if you come to the fiscal side of our economy, you will find that the side that budget-making should address, we are failing. That is why we report 6.3 per cent growth in GDP and Kenyans look at us leaders and see clowns who are lying to them. If there is no growth in the individual pockets of Kenyans, then that growth is just in newspapers and in Government reports. I feel that is an area we should also address. Even as we do audits, we better do audits in an economy that is burgeoning and growing rather than doing a lot of reports in a country whose citizenry is poor."
}