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{
    "id": 1590948,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1590948/?format=api",
    "text_counter": 163,
    "type": "speech",
    "speaker_name": "Hon. John Mbadi",
    "speaker_title": "The Cabinet Secretary for the National Treasury and Economic Planning",
    "speaker": null,
    "content": "As a country, we continue to experience challenges of disaster occurrences mainly due to weather variability and climate change. These pose significant fiscal disruptions while affecting lives and livelihoods of millions of Kenyans. To have a financing framework to manage disaster risks, the government is finalising development of the Public Finance Management (Disaster Risk Management Fund) Regulations of 2025. The Regulations seek to establish a dedicated Fund to address four cycles of disaster risk management: preparedness, mitigation, response and recovery. Allow me now to turn to policy, legal, and institutional reforms. Recognising that sustainable economic recovery depends on timely implementation of effective policy, legal and institutional reforms the government is implementing the following interventions to enhance a business environment, improve public service delivery, and bolster accountability in managing public finances. One is public procurement reforms. To streamline public procurement, we developed the Public Procurement and Asset Disposal (Amendment) Bill of 2024. It is currently in Parliament for enactment. The Bill seeks to enhance transparency and accountability, and strengthen the regulator's role to enforce standards, compliance and sanctions to non-compliant procuring entities. The Bill promotes use of local content and align it with international best practices. I urge Hon. Members to fast- track its enactment. To automate public procurement and asset disposal fully, I launched the end-to-end e- Government Procurement (e-GP) System in April 2025. The system is a complete departure from manual processes. It will increase bidder participation, enhance efficiency in processing procurement requests, and increase authenticity of procurement documents through integration with government systems."
}