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{
    "id": 909972,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/909972/?format=api",
    "text_counter": 739,
    "type": "speech",
    "speaker_name": "Nakuru Town East, JP",
    "speaker_title": "Hon. David Gikaria",
    "speaker": {
        "id": 2489,
        "legal_name": "David Gikaria",
        "slug": "david-gikaria"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity. First, I applaud the good work which has been done by the Budget and Appropriations Committee. Of course, as a Committee, we did not propose any additional funding because of the fact that for the last two years, we did that and we never got any increment because they were asking for a reduction from our side. However, at least we appreciate the Budget and Appropriations Committee through what they have given us in the coming Financial Year 2019/2020, an increase of about 21 per cent, which amounts to almost Kshs13.7 billion from the previous year. Both the Energy Department and the Petroleum Department have a small percentage going to Recurrent Expenditure. The bigger percentage goes to Development Expenditure. You will realise that energy is an enabler of the Big Four Agenda, and I thank the Government that it has now really appreciated the role that energy plays in trying to enhance and achieve the four agendas. This year, we were given substantially enough money for us to be able to do this. Secondly, of the Kshs77 billion that goes to energy, most of this has gone towards transmission and distribution. You will realise that we have been producing more than what we can consume. It is a fact that we, as accountants, sometimes do not understand. There is the law of demand and supply and if the supply is more than the demand, normally the prices automatically go down. The other way round is also true if the demand is higher than the supply. However, in Kenya, the energy sector has always beaten that myth and it is actually the other way round. The demand is lower than the supply but the cost of electricity has remained very high. This has been a very big concern in this country particularly because we want to be an industrialised country and yet we cannot provide cheap power. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}