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{
    "id": 1255724,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1255724/?format=api",
    "text_counter": 23,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Indeed, Hon. Members, we recall that, at the beginning of the 13th Parliament, I referred the Statutory Instruments (Amendment) Bill, 2022, the Parliamentary Powers and Privileges (Amendment) Bill, 2022, the Petitions to Parliament (Procedures) (Amendment) Bill, 2022 and the Public Finance Management (Amendment) Bill, 2022, which are sponsored by the Deputy Speaker, Hon. Gladys Boss, MGH, MP to the Procedure and House Rules Committee owing to their unique background. The four Bills all sought to implement various recommendations made during the review of the Standing Orders at the tail end of the 12th Parliament. Similarly, I recently referred to the Public Finance Management (Amendment) Bill (National Assembly Bill No.16 of 2023) sponsored by the Leader of the Majority Party to the Public Debt and Privatisation Committee. Ordinarily, any amendment to the Public Finance Management Act falls squarely within the mandate of the Departmental Committee on Finance and National Planning. In that case, the referral to the Public Debt Committee was informed by the contents of the Bill which seek to operationalise the framework for monitoring the level of public debt. You will agree with me that the House would greatly benefit from a scrutiny of the Bill by a committee that specifically deals with the issue of debt. Hon. Members, the Second Schedule of our Standing Orders outlines the subject matter of mandates of departmental committees. The Schedule outlines subjects falling under the mandate of the Departmental Committee on Finance and National Planning as public finance, public audit policies, monetary policies, financial institutions (excluding those in securities exchange), economy, investment policies, competition banking, insurance, national statistics, population revenue policies including taxation, national planning and development, digital finance, including digital currency. The mandate of the Committee is sector-wide and allows it to exhaustively consider finance related matters, including legislation."
}