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"content": "Madam, Temporary Speaker, just as Sen. Kajwang has stated, the recommendations of this report are very shallow. Although I support his report by the Committee on Finance and Budget, I expected the Committee to be firm on their recommendations. When I read a recommendation such as the one that has been made here; that the National Treasury should submit within six months a legislative proposal setting out the appropriate physical consolidation measures required to reduce the public debt stock to sustained levels over the medium-term, the question that immediately comes to mind is: Why do we have the Public Finance Management (PFM) Act, 2012, which clearly stipulates how we should borrow? The Committee ought to have been very clear and told the National Treasury to be honest in all their dealings and borrowing."
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