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{
    "id": 294275,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/294275/?format=api",
    "text_counter": 582,
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    "content": "This Bill is also bringing transparency. For the first time, all matters will be laid bare to the public. If it is the National Debt Management Office, there will be the national debt and how it is going to be managed. There will be Public Debt Management Office. They will be able to account for and give the account of how the national debt is being managed to ensure that it is managed in a sustainable manner, unlike today where the public debt is rising without Parliament or public being able to know the levels of our national debt. Even when the law says that Parliament should approve the debt ceilings, this is not being adhered to. This law is putting a responsibility on public officers to ensure that they comply with the laws relating to public resources. This is in Clause 79. I will propose that at Committee Stage, this clause must have penalties for public officers who fail to comply. We hear too often of Permanent Secretaries overspending beyond the authorized limits and it becomes an audit query by Public Accounts Committee (PAC) year in, year out without any changes."
}