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{
    "id": 666466,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/666466/?format=api",
    "text_counter": 203,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Very, well. I just want to confirm that, indeed, I am in receipt of the Memorandum by the Cabinet Secretary to the National Treasury on the Resolutions adopted by the National Assembly on the 2016 Budget Policy Statement. The introduction of which reads as follows:- “Section 25(8) of the Public Finance Management (PFM) Act, 2012, prescribes that the Cabinet Secretary for Finance shall take into account resolutions passed by Parliament in finalising the Budget for a given financial year. Section 38(1)(iii) requires the Cabinet Secretary to prepare a Memorandum explaining how the resolutions adopted on the BPS under Section 25(7) have been taken into account. The National Assembly approved the 2016 Budget Policy Statement and Debt Management Strategy for 2016/2017 on 3rd March 2016. The decision was subsequently communicated to the National Treasury.” There is a letter they have referred to. The CS has explained as rationalised details of the various Ministries and departments and as, indeed, Hon. Gumbo read out. They are all explained in this Memorandum. It was important to confirm that, indeed, the CS has complied with the PFM Act explaining the variations and differences. I think having confirmed this, Hon. Gumbo, we can proceed."
}