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"speaker_name": "Sen. Sakaja",
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"content": "Madam Deputy Speaker, without making it a back and forth, what Sen. Kang’ata has said is right; that an Act of Parliament shall prescribe that guarantee. That Act of Parliament exists and is called the Public Finance Management (PFM) Act, 2012. Cap 18 of the Act gives provisions in a few lines but that is the Act of Parliament envisaged. It was not going to be an Act of Parliament specifically called the National Government Guarantees Act. If you go through the PFM Act, there is that provision. What we need to do is to streamline the process that it is being done. Sen. Kang’ata is correct that there was that requirement. I am also correct that it is already in place."
}