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{
    "id": 772907,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/772907/?format=api",
    "text_counter": 26,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "(b) the financial outlook with respect to Government revenues, expenditures and borrowing for the next financial year and over the medium term; (c) the proposed expenditure limits for the National Government and indicative transfers to county governments; and (d) the fiscal responsibility principles and financial objectives over the medium term including limits on total annual debts. Hon. Senators, Section 25(7) of the Public Finance Management Act provides as follows:– THAT, Parliament shall, not later than fourteen days after the Budget Policy Statement is submitted to Parliament, table and discuss a report containing its recommendations and pass a resolution to adopt it with or without amendments. Further, Standing Order 174(4), (5) and (6) of the Senate states as follows, and I quote: – “Upon being laid before the Senate, the Budget Policy Statement shall be committed to the Standing Committee on Finance and Budget to deliberate upon and table a report containing its recommendations on the Budget Policy Statement within twelve days.” In considering the Budget Policy Statement, the Standing Committee on Finance and Budget shall consult the Cabinet Secretary responsible for Finance, the Commission for Revenue Allocation, the Council of Governors and the body for the time being representing county assemblies, among other stakeholders."
}