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"id": 906415,
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"type": "speech",
"speaker_name": "Suba South, ODM",
"speaker_title": "Hon. John Mbadi",
"speaker": {
"id": 110,
"legal_name": "John Mbadi Ng'ong'o",
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"content": "In February during the discussion of the Budget Policy Statement Report in this House, I actually raised concerns on the level of public debt in the country. Though there are modest efforts towards fiscal consolidation, the deficit is still high and estimated to be 5.6 per cent of the GDP in the Financial Year 2019/2020. This is a stark reality that achieving the 3 per cent budget deficit to the GDP in the medium term as envisaged in the East African convergence shall remain a mirage if bold interventions are not instituted. Therefore, although there has been some progress in the implementation of the Big Four Agenda, and Kenyans have hope that its full implementation shall herald good tidings to our economy and the citizens, the allocation of resources to areas that shall contribute to the achievement of the Big Four Agenda seem to lack the budgetary commitment and conviction. The money allocated to the Big Four Agenda sectors is not adequate when linked to the medium- term plan as envisaged. Looking at the quantum resources allocated to the Big Four Agenda, you find that it is still not sufficient to carry forward the Big Four Agenda to some reasonable realisation. Going back to public participation, we have not understood exactly what the Government wants to do with the Big Four Agenda. Whether the Government wants to involve the private sector in implementing most of these programmes is still not clear. The Government needs to be very clear on the Big Four Agenda. Which ones is the Government going to try to implement as Government in terms of budgetary provisions and which is the national Government going to provide enablers and allow the private sector to come in?"
}