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{
    "id": 472543,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/472543/?format=api",
    "text_counter": 215,
    "type": "speech",
    "speaker_name": "The Senate Majority Leader",
    "speaker_title": "",
    "speaker": {
        "id": 440,
        "legal_name": "Onesimus Kipchumba Murkomen",
        "slug": "kipchumba-murkomen"
    },
    "content": "(Sen. (Prof.) Kindiki): Yes, Mr. Deputy Speaker, I am ready, thank you. I beg to move that the Public Finance Management (Amendment) Bill be read a Second Time. This, as the title suggests, is a Bill to amend the Public Finance Management (PFMA) Act of 2012 which is one of the most important and life changing statutes ever enacted in our financial sector since Independence. The PFMA Act, 2012, contains elaborate provisions on how public resources in our country are to be managed at the level of the national Government and at the level of the county governments. The PFMA Act provides for controls and management procedures to ensure that public resources are used for the improvement of the living standards of the people of Kenya, something that we have not had for long time. This creates the office of the Controller of Budget and provides a process through which public entities receive, utilise and account for public finances."
}