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"id": 1382315,
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"type": "speech",
"speaker_name": "Baringo North, UDA",
"speaker_title": "Hon. Joseph Makilap",
"speaker": null,
"content": "As a Committee, one thing we realised and which some Members have raised is that a lot of money to the tune of Ksh4 billion is pending in various international banks. This has been paid as commitment fees for loans we have not received or used. As you are aware, the Public Finance Management (PFM) Act, 2012 is very clear, that we borrow for development and are expected to inject that money into the economy, through programs which in return bring revenue that can be used to finance other programs."
}