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{
    "id": 1372712,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1372712/?format=api",
    "text_counter": 284,
    "type": "speech",
    "speaker_name": "Sen. Mumma",
    "speaker_title": "The Temporary Speaker",
    "speaker": null,
    "content": "“Parliament shall not later than 14 days after the Budget Policy Statement is submitted to Parliament, table and discuss a report containing its recommendations, and pass a resolution to adopt it with or without amendments”. Further, Standing Order No.186 (4) states that, and I quote- “Upon being laid before the Senate, the Budget Policy Statement shall be committed to each Standing Committee to consider and submit its recommendations to the Standing Committee on Finance and Budget within seven days”. Pursuant to Standing Order No.186 (5), the Standing Committee on Finance and Budget shall, within 12 days following the tabling of the Budget Policy Statement, consider the Budget Policy Statement and the recommendations received under paragraph (iv), and table the report for consideration in accordance with Section 25 (7) of the Public Finance Management Act, 2012. Appreciating the importance of the Budget Policy Statement (BPS) and the above timelines, I direct that the BPS be considered by all Standing Committees, each concentrating on its mandate, highlighting any policy and financial recommendations thereof. These recommendations must be forwarded to the Standing Committee on Finance and Budget on or before Thursday, 22nd February, 2024. In order to assist the Standing Committee to unpack the contents of the BPS, the Standing Committee on Finance and Budget has organised a breakfast meeting for all Senators on Tuesday, 20th February, 2024 at 7.30 a.m. at a venue to be communicated. The Standing Committee on Finance and Budget will be required to consider the recommendations from the other Standing Committees as well as consult the institutions referred to under Standing Order No. 186 (6) in finalising its report on the BPS. The Standing Committee will be required to table its reports on or before Wednesday 28th, February, 2024 for the Senate to consider and decide on the Report by Thursday, 29th February, 2024. Hon. Senators, in a nutshell, it means that any proposal that Senators have regarding the BPS, Division of Revenue Bill, the County Allocation of Revenue Bill, the County Governments Additional Allocation Bill, 2024 and the financing structure thereof, among other recommendations, should be canvassed and forwarded to the Cabinet Secretary for the National Treasury and Economic Planning for consideration when finalising the budget for the relevant financial year. This is a requirement pursuant to Section 25(8) of the Public Finance Management (PFM) Act and Standing Order No. 186(9) of the Senate. In conclusion, I urge all to prioritise the scrutiny of the BPS, considering consideration of our most important function, which is, safeguarding devolution. I thank you. Hon. Senators, there is one more statement by the Senate Majority Leader under Order No.57."
}