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{
    "id": 977221,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/977221/?format=api",
    "text_counter": 349,
    "type": "speech",
    "speaker_name": "Mbooni, Independent",
    "speaker_title": "Hon. Erastus Nzioka",
    "speaker": {
        "id": 13433,
        "legal_name": "Erastus Kivasu Nzioka",
        "slug": "erastus-kivasu-nzioka-2"
    },
    "content": "officer. Therefore, the Committee recommends that the accounting officer of the Fund ensures compliance with Section 62 of the Public Audit Act, 2015, and Section 68 of the Public Finance Management Act, 2012. 2. On loans disbursed to groups, the Committee observed that the Fund’s advance loans data listings — of approximately Ksh4 billion since inception, in 2014/2015 — to various groups were not availed for audit review. Consequently, the accuracy, validity and recoverability of loans advanced to groups is doubtful. It is on this basis that the Committee recommends that the accounting officer of the Fund ensures compliance with Section 62 of the Public Audit Act, 2015, and Section 68 of the Public Finance Management Act, 2012. 3. On Gazettement of committees at the constituency level, the Committee observed that there was a delay in the gazettement of Constituency Uwezo Fund Management Committees, established under Regulation 15 of the Public Finance Management (Uwezo Fund Regulations), 2014. This had hindered effective operations of the Fund at the constituency which resulted in delays in loan issuance and recovery. The Committee recommends that the Cabinet Secretary (CS) responsible for the Fund ensures timely gazettement of the names of the persons constituting the Constituency Uwezo Fund Management Committee, pursuant to Regulation 15 (5) of the Public Finance Management (Uwezo Fund Regulations), 2014. 4. On 50 per cent repayment threshold on loans, the Committee observed that Uwezo Fund Board resolution on a threshold of 50 per cent repayment of loans was punitive. The policy implies that funds can only replenish loans to a constituency whose recovery is at least 50 per cent. The Committee recommends that the Uwezo Fund reviews the policy on the constituency repayment threshold on loans to 25 per cent. 5. On the facilitation of Constituency Uwezo Fund Management Committees, the Committee observed that members of the Constituency Uwezo Fund Management Committees are not adequately facilitated to monitor the activities of the Fund, including follow-up on loans disbursed. There is need to enhance the budget on monetary evaluation and administrative costs for the committees, to ensure they perform their functions efficiently as stipulated under Regulation 16 of the Public Finance Management (Uwezo Fund Regulations), 2014. The Committee recommends that the Fund to set aside, not more than 5 per cent of the amount disbursed to a constituency, for purposes of monitoring, evaluation and administration costs for the Constituency Uwezo Fund Management Committees, and that the Cabinet Secretary to issue guidelines on allowances for members of the committees within three months of the adoption of this Report by the House. 6. On proper financial reporting, the Committee observed that the Fund did not comply with the International Public Sector Accounting Standards in their financial reporting, indicating that there was lack of capacity of the staff at the constituency level. The Committee noted that the Fund relied on district accountants who serve more than one constituency. Therefore, the Committee recommends that the Fund employs its own officers at the constituency level for proper financial reporting. Hon. Deputy Speaker, the Committee also made the following recommendations based on general observations on Women Enterprise Fund:"
}