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{
    "id": 868871,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/868871/?format=api",
    "text_counter": 302,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "sector business is important not just for the county governments but across all financial institutions. If Government were to stop doing business with any of these financial institutions, including banks, we would have great problems. I have a feeling that we need to recalibrate; I hope we can do some of the recalibration during the Third Reading. We are in a promotional mode and mood. We should look at these entities that need to grow sustainably, not as if they are the culprits of everything that has gone wrong, which is far from the truth. There are a number of specific areas that have already been discussed at length. I want to reserve my input for the amendments. But I can say broadly speaking that just as we listen to the National Treasury to tell us Budget highlights in June, I think we should institute a system, and I will make suggestions to insert them here. We need to get perhaps the Auditor-General working together with the Controller of Budget to give us some idea sometime during the beginning of discussions around the BPS, sometime in February and not later than the end of March, which gives a picture of what budget implementation looked like in the previous year so that as we move into the Budget cycle we have a chance to reward those that are best using it and to deny those that do not have the capacity. For example, in the PFM Act where we are saying that we will not allow entities to procure three months before time, what we must remember is that sometimes we get into the third quarter, like we are now, and we have received only Kshs10 million of NG-CDF. I know we will use all the money—if we got all the money now, there are programmes which are waiting—but if money is going to be released as late as May, which has been the case, are we saying you do not spend it at all in the year prior to an election? But even if it is not a year prior to an election, what kind of development process do we expect to take place following rules that are consistent with the PFM Act and other financial sector rules in procurement and audit when monies are released so late? Nobody ever thinks about what that implies. First is delayed release of funds which affects the local economies; these are very essential inputs into the local economies where we live; we do not have the luxury of a big demand centre like Nairobi and so on. Even they are hurting because we have disrupted financial flows."
}