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{
    "id": 1550050,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1550050/?format=api",
    "text_counter": 329,
    "type": "speech",
    "speaker_name": "Nominated, ODM",
    "speaker_title": "Hon. Suleka Harun",
    "speaker": null,
    "content": "As I support the Report, I must highlight that pending bills remain a challenge in this country. They affect suppliers and small businesses, leading to liquidity problems. Businesses close down in some cases. Pending bills not only affect suppliers, but they also affect the overall performance of the economy. The main reason for this is the cash accounting basis that is used by our Government. I wish the Government had rolled out the accrual basis accounting system, which would solve most of these issues. It would enhance accuracy and usefulness of financial information. It is one of the best accounting methods to use. It allows expenses to be carried forward to the next financial year, where they can be captured properly. This eliminates the issue of pending bills."
}