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{
    "id": 977395,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/977395/?format=api",
    "text_counter": 153,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Mwaura",
    "speaker_title": "",
    "speaker": {
        "id": 13129,
        "legal_name": "Isaac Maigua Mwaura",
        "slug": "isaac-mwaura"
    },
    "content": "It is also true that when you look at the overall microeconomics, our political economy is hinged on our political activities. Productivity has gone down because of the charged environment on the Building Bridges Initiative (BBI). Some questions are political but touch on the economy. Madam Temporary Speaker, with those remarks, I support the passage of the BPS Report. The recommendations should not just be suggestions by Parliament. We expect the National Treasury not only to look at the Report but also the HANSARD to know what Senators and Members of the National Assembly suggested. Certainly, there is a great effort towards fiscal consolidation. However, we encourage the principle of subsidiarity, so as to avoid the so-called “big projects”. Any basic expenditure of the Government requires monies to be allocated. In this regard, the CS for the National Treasury should clean up the Budget. Matters concerning public debt should not just be done through regulation, but through substantive law, by dint of amendment of the Public Finance Management (PFM) Act. There are many recommendations that we can make, which we hope they will act in good faith for this country. We have been talking about some of them for years. We need to consolidate our budget to speak to the true needs of “Wanjiku”. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}