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Saturday, December 14, 2024

Every Constituency Will Lose Sh50 Million if Finance Bill is Not Passed – Ndindi Nyoro.

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Kiharu Member of Parliament Ndindi Nyoro has disclosed that if the Finance Bill is not passed, every constituency will lose Sh50 million meant for the Constituency Development Fund (CDF).

Speaking in Parliament on Thursday, June 20, the lawmaker noted that the NG-CDF will be reduced by Sh15 billion if the bill does not sail through.

Nyoro, who is also the Chairman of Budget and Appropriations Committee in the National Assembly, maintained that the bill was to raise an additional Sh200 billion.

“It is important for Members of Parliament to note that incase there is a downfall in terms of revenues by the proposed Sh200 billion that was to be raised in the Finance Bill, then the National Treasury and budget committee are prepared for that scenario.

“I have communication from the National Treasury that if the bill does not pass, the NG-CDF will be reducing by Sh15 billion which is Sh50 million per constituency,” Nyoro remarked.He further disclosed that ongoing projects in constituencies will be shelved by reducing their budget by Sh800 million if the bill does not pass.

The lawmaker also noted that the State House was bound to lose Sh451 million while the Defence Ministry would lose Sh7 billion.

Nyoro maintained that if the MPs did not pass the bill, then the Junior Secondary Schools intern teachers who were to get permanent employment would have no funding.

“The 46,000 JSS teachers, by letting this bill pass, will have jobs on permanent and pensionable terms. But if the wisdom of the House is to shelve that decision, then it means the JSS teachers will have no funding,” Nyoro added.

His remarks came after the bill was tabled in parliament amid nationwide protests that are calling for its rejection by MPs.

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