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{
    "id": 906327,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/906327/?format=api",
    "text_counter": 474,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The total budget for the three arms of the Government, including the county allocation of equitable share and the Consolidate Fund Service (CFS) during the Financial Year 2019/2020, is estimated at Kshs3.02 trillion. This is a 4.2 per cent reduction of the 2018/2019 Budget, mainly due to reduced allocation to the CFS from Kshs962.6 billion in 2018/2019 Financial Year to a low of Kshs805.8 billion in the 2019/2020 Financial Year. As a share of GDP, the overall Budget has reduced from 32.4 per cent to 28.1 per cent in nominal terms. The main expenditure highlights for FY 2019/2020 are as follows: National Government, Kshs.1,841.30 billion; Parliament, Kshs.43.78 billion, although you notice from the schedule that has since been reviewed by the Committee to Kshs40 billion. Judiciary, Kshs. 18.88 billion. You will notice from the schedule that, that has also been adjusted by the Committee. The county allocation, inclusive of conditional grants, will be Kshs371.6 billion. As much as we are still in mediation with our colleagues in the Senate, we are hopeful that in the next few weeks, we will conclude the mediation process on the Division of Revenue Bill. We hope we may end up with a figure close to the figures that we have provided here. The Equalisation Fund will take Ksh5.8 billion and the Consolidated Fund Services (CFS), as I had mentioned earlier, Kshs805.8 billion."
}