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"content": "party or coalition of parties in the Senate- and not more than 11 other Senators; which means that it will be chaired by the Opposition in the Senate. Mr. Speaker, Sir, the functions of the CPAIC shall be as follows:- (1) Pursuant to Article 96(3) of the Constitution, exercise oversight over national revenue allocated to county governments. (2) Pursuant to Article 228(6) of the Constitution, examine the reports of the Controller of Budget on the implementation of the budgets of the county governments. (3) Pursuant to Article 229(7) and (8) of the Constitution, examine reports of the Auditor-General of the annual accounts of the county governments. (4) Examine special reports, if any, of the Auditor-General on county government funds; and, (5) Examine reports, if any, of the Auditor-General on the county government public investments and exercise general oversight over the county public accounts and investments. So, this will be a very powerful watchdog Committee of this House and I would really urge hon. Senators to support the creation of this Committee. Mr. Speaker, Sir, it is also proposed that the Committee on Finance, Commerce and Economic Affairs be renamed to read the Committee on Finance, Commerce and Budget. This is covered on page 20 of our Report. The purpose of this Committee – and I think we should pay some attention so that there is no overlap between the Committee we are creating and this other one – will be to: (1) Discuss and review the estimates of the county governments and make recommendations to the Senate. (2) Examine budget policy statements which are presented to the Senate. (3) Examine and report on the budget allocated to constitutional commissions and independent offices. (4) Examine Bills relating to county budgets, including the Division of Revenue Bill. (5) Examine and review the report on borrowing requests by counties. Mr. Speaker, Sir, we expect many county governments to seek Government guarantees and borrow external funds. So, this will be a very important Committee in ensuring that there is no irresponsible borrowing by our counties. The Committee will also consider all matters relating to resolutions and Bills for appropriation, sharing of national revenue among counties and all material concerning the national budgets, including public finance and monetary policies and public debts, trading activities, commerce, tourism, investments and disaster policies; planning and development of policy by the counties. Mr. Speaker, Sir, we have seen a need for us to make our counties centres of productivity. This Committee will be critical in examining the various projects that are being proposed by various counties to ensure that they are properly designed and that we really do not form white elephants. It will also ensure that they are properly monitored from the budgeting to implementation. Mr. Speaker, Sir, I know I talked at length when I was moving this Report last year. It is not my intention to repeat what I said during that time. I will invite the hon. Senators to read the HANSARD as well. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
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