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{
    "id": 906420,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/906420/?format=api",
    "text_counter": 567,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Public Finance Management Act spells out clearly that pending bills should be the first charge in the next financial year but this is not being followed. I ask the Controller of Budget, together with National Treasury, to make sure that this is enforced. That before Ministries, Departments and Agencies start spending on other procurement, they need to settle any pending bills first. I know that the Public Sector Accounting Standards Board is reviewing our public finance management system so that our country also follows accrual basis of accounting because the cash basis of accounting that we have been following is the one that gives these gaps and loopholes."
}