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{
    "id": 1208087,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1208087/?format=api",
    "text_counter": 75,
    "type": "speech",
    "speaker_name": "Ainabkoi, UDA",
    "speaker_title": "Hon. Samwel Chepkonga",
    "speaker": null,
    "content": "The Committee was notified that the promulgation of these Regulations will occasion very minimal expenditure to operationalize them – expenditure which can be accommodated within the current sector ceilings set out by the Ministry of National Treasury and Economic Planning. So, it will not entail any additional costs in terms of its implementation. The Committee was notified that over the recent past, the Government has been increasing public investments at both levels of governments, specifically in the last five financial years. Cumulatively, the Government allocated over Ksh4.2 trillion in the Development Budget to finance public investment projects across that country. These Regulations will provide a comprehensive approach to project identification, planning, appraisal, selection, budgeting, implementation, monitoring and evaluation; reporting and project closure. The Committee considered these Regulations as provided for in the Statutory Instruments Act, and in particular Section 2 thereof, and we were satisfied that the Regulations meet the threshold that is provided under the Public Finance Management Act and the Constitution. Hon. Deputy Speaker, pursuant to Section 15(1) of the Statutory Instruments Act, as read together with Section 10 (3) and (4) of the Excise Duty Act No.23 of 2015 and Standing Order 210, Clause 4 (b), the Committee recommends to the House to approve these Regulations on the basis of the reasons that I have given. On behalf of the Members of the Select Committee, I seek concurrence of the House and its approval of these Regulations as expounded in the Committee Paper that has been laid on the Table of the House. With those remarks, I beg to move and request Hon. Komingoi to second."
}