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"content": "to note that pursuant to Section 25 of the Public Finance Management Act, Cap 412A, the Budget Policy Statement (BPS) must be submitted on or before 15th of February, 2025. Further, under Section 33 (1) of the said Act, the Debt Management Strategy of the National Government over the medium-term ought to be submitted to Parliament on or before the 15th of February, 2025. Hon. Members, today, being the 12th of February, 2025, I direct the Clerk to urgently liaise with the National Treasury to ensure that the 2025 Budget Policy Statement and Debt Management Strategy are submitted to Parliament. The two documents ought to be tabled either in the course of today's Sitting or during tomorrow's Sitting, being the last available sitting day as per the prescribed timelines. Having said so, strict statutory timelines apply to the consideration of the BPS by the Budget and Appropriations Committee and, indeed, the departmental committees. Therefore, the urgent formation of the Budget and Appropriations Committee and the Public Debt and Privatization Committee to consider the Budget Policy Statement and Debt Management Strategy cannot be over-stated. The House is accordingly guided. Next Order."
}