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{
    "id": 965070,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/965070/?format=api",
    "text_counter": 406,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM – K",
    "speaker_title": "Hon. Makali Mulu",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "We made a number of observations which we want to share with Hon. Members as a way of improving the Budget-making process. You realise that Parliament and moreso, the National Assembly, has now a very huge mandate in the Budget-making process. This House cannot be taken for granted when it comes to discussing the Budget. That is why anytime we get these Budget proposals, we, as a Committee, sits down and tries to do justice to the figures as a way of ensuring that we have prudent use of public resources. The figures have been mentioned by my Chairman. So, I do not want to go to them. This is the first Supplementary Budget in the history of this country to increase the overall Budget figures. I want to remind Hon. Members that the Budget we passed in June was Kshs3.02 trillion. This Supplementary Budget had proposed to increase that figure by about Kshs80 billion. When we are all talking about austerity measures in this kind of economy, it does not send the right signals when we see the overall Budget being increased. That is why the Budget and Appropriations Committee went out of its way to see how to bring the Budget deficit down from about Kshs80 billion to about Kshs49 billion. Some of the cuts proposed here about the Recurrent and Development expenditures were an attempt to make sure that we do not worsen the situation of public debt, which we all know is rising. It is on the basis of the fact that the public debt is rising that the Budget and Appropriations Committee has recommended establishment of an independent debt management office. This will ensure that our public debt can be managed independently from the National Treasury, as a way of making sure that we get value for money, and that we do not overburden our future generations with public debt."
}