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{
"id": 1557772,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557772/?format=api",
"text_counter": 121,
"type": "speech",
"speaker_name": "Hon. John Mbadi",
"speaker_title": "The Cabinet Secretary for the National Treasury and Economic Planning",
"speaker": null,
"content": "At the policy level, I want to reiterate that we have a strategy for managing Exchequer releases, especially in terms of devolved resources. I am a former Member of Parliament who served for 17 years. I also appreciate the role that the NG-CDF plays in our economic development and as a support to various social aspects of the society, including our children’s education. Hon. Speaker, I voluntarily came to your office without any invitation on a date in December that I cannot remember to discuss with you the challenges of the release of funds by the national Government."
},
{
"id": 1557773,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557773/?format=api",
"text_counter": 122,
"type": "speech",
"speaker_name": "Hon. Speaker",
"speaker_title": "",
"speaker": null,
"content": "It was on 5th December."
},
{
"id": 1557774,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557774/?format=api",
"text_counter": 123,
"type": "speech",
"speaker_name": "The Cabinet Secretary for the National Treasury and Economic Planning",
"speaker_title": "",
"speaker": null,
"content": "(Hon. John Mbadi"
},
{
"id": 1557775,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557775/?format=api",
"text_counter": 124,
"type": "heading",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": ")"
},
{
"id": 1557776,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557776/?format=api",
"text_counter": 125,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": ": Thank you, Hon. Speaker. I came to your office and we discussed the matter. I noted that we had not been able to release the NG-CDF to the constituencies as it should be done. I proposed a schedule of how the funds will be released. I just want to discuss with the Members what has happened in terms of the release of those funds before I explain the challenges that we have encountered."
},
{
"id": 1557777,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557777/?format=api",
"text_counter": 126,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "The House will remember that there was a carry-over of the NG-CDF from the last financial year – money that was appropriated to the NG-CDF but was not disbursed. For the Financial Year 2023/2024, out of the total Ksh57,931,500,000, only Ksh44.4 billion was disbursed. That left us with a carry-over of Ksh13.531 billion. That amount was added to the appropriation for the Financial Year 2024/2025, which was Ksh54,732,927,680. That gave us a figure of Ksh68.233 billion to be paid or disbursed."
},
{
"id": 1557778,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557778/?format=api",
"text_counter": 127,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "Hon. Speaker, by the time I came to your office, only an amount of Ksh13.5 billion had been disbursed. We disbursed Ksh5.5 billion on 24th September 2024. On 26th September 2024, we disbursed Ksh300 million. We disbursed another Ksh2 billion in September. In November, we disbursed Ksh5.73 billion. That cleared the entire carry-over of Ksh13.5 billion. I told you that the entire Ksh54 billion has not been disbursed, yet we were already in December. We only had seven months to go before the end of the financial year. I committed to releasing Ksh7 billion per month to the NG-CDF Board starting from December 2024. That is what we did."
},
{
"id": 1557779,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557779/?format=api",
"text_counter": 128,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "On 13th December 2024, after coming to your office, the National Treasury released Ksh7 billion. On 20th February 2025, we released another Ksh7 billion. You will note that we did not release any money in January. I will give the reasons later. After releasing Ksh7 billion in February, we defaulted in March. In April, which is not too long ago…"
},
{
"id": 1557780,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557780/?format=api",
"text_counter": 129,
"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Laughter)"
},
{
"id": 1557781,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557781/?format=api",
"text_counter": 130,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "It is actually today. I may not have the exact time, but I have evidence that we released another Ksh7 billion to the NG-CDF. For the NGAAF, the budget was initially Ksh3.2 billion but was reduced to Ksh2.7 billion after the Supplementary Budget. We had already released Ksh1.6 billion. Today, we released the balance of Ksh1,104,499,000. We now have a zero balance for the NGAAF. I looked at the amount and it was too little to be split into different instalments. Let me go back to the NG-CDF. January, February, and March are usually very difficult months for us at the National Treasury and for the economy of Kenya as a whole. I want to explain to my colleagues that we must pay first term’s capitation to schools during these months. Ksh48 billion out of the total allocation of Ksh96 billion that you gave for capitation The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}
]
}