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{
    "id": 550530,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/550530/?format=api",
    "text_counter": 386,
    "type": "speech",
    "speaker_name": "Sen. Mutula Kilonzo Jnr.",
    "speaker_title": "",
    "speaker": {
        "id": 13156,
        "legal_name": "Mutula Kilonzo Jnr",
        "slug": "mutula-kilonzo-jnr"
    },
    "content": "Thank you, Madam Temporary Speaker. I still think that I will comply. The purpose of the financial regulations in respect of the national Government is to point out some key highlights in the financial regulations with regard to how the national Government operates its funding and the manner in which the national Government will deal with the splitting of finance and relate to county governments in respect of the function of finance. It is amazing that for the last two years, the national Government and also to some extent the county governments, have been operating without these regulations. These regulations would go into the details of how, for example, the Cabinet Secretary in charge of Treasury can freeze transfers to counties. That portion of the regulation in respect of that function was captured in this. Therefore, these regulations would put in place a proper mechanism in law to inform the country, counties and other entities dealing with the Government how the financial standards and the financial law under the Public Finance Management Act is supposed to work. Madam Temporary Speaker, the purpose of these regulations is to offer the Cabinet Secretary in charge of Finance the leeway and the extrapolation of the powers that have been conferred to him and to his Ministry under the Act. We have gone into great detail, listened to several persons with regard to these regulations and we think that once we present the amendments that we proposed, we will put the perspectives from the public to the extent that the organizations including the Commission on Revenue Authority (CRA) and the persons in charge of the directorate of Integrated Financial Management Information System (IFMIS). For the longest time ever, we have been stating that counties must adopt IFMIS but that role lies with the Director of IFMIS who sits at the national level and is regulated by the Public Finance Management Act. Our role in supporting this Motion and putting in place these regulations is to find a method under which the office of the Director of IFMIS would enforce that system both at the national and county level. Most of you would have noticed that when the President went to launch Terminal II at Jomo Kenyatta International Airport (JKIA), he talked about e-procurement. These regulations, together with what we will be doing tomorrow, are the ones that will enlighten and tell the AIE holders how they ought to work in so far as e-procurement is concerned. With those few remarks, I beg to second. 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."
}