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{
    "id": 1222151,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222151/?format=api",
    "text_counter": 219,
    "type": "speech",
    "speaker_name": "Nominated, UDM",
    "speaker_title": "Hon. Suleka Harun",
    "speaker": null,
    "content": " Thank you, Hon. Deputy Speaker. I note that the MTDS for FY 2023/2024 provides strategies and initiatives that will be taken by the national Government to meet the fiscal deficit for a period of three years, 2023/2024 to 2025/2026, as proposed in the Budget Policy Statement. To ensure that the Government maintains a stable and predictable borrowing stand while enhancing the liquidity management, it is important for the Government to actualise the establishment of a single treasury account system, as provided for in the Public Finance Management (PFM) Act, 2012 and the Regulations. The integration of MDAs bank accounts agreement is a departure from the current framework where entities maintain individual accounts with the Central Bank of Kenya. With the integrated mechanism, the spending and the commitments made by the MDAs will utilise idle resources where necessary."
}