All parliamentary appearances
Entries 8401 to 8410 of 17810.
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, I think the one on Government- controlled bank is in order. As to when the county governments will own banks, be it three or four years, this House will be in existence. We can amend any statute. We cannot amend ----
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16 Feb 2017 in National Assembly:
We cannot legislate for the future. The Chair of the Departmental Committee has been away. He is now back. For avoidance of doubt, all county governments shall have accounts at the Central Bank of Kenya (CBK) except for imprest accounts for petty cash, which shall be opened at Government-controlled banks designated by a county treasury.
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, this is part of legislation. What Hon. Wamunyinyi said makes sense. As he was talking, I was also writing. This is because I was writing the further amendment. This should be the last one. “For avoidance of doubt, all county government bank accounts shall be opened at the Central Bank of Kenya except for imprest bank accounts for petty cash which shall be opened at a government-controlled bank or a co-operators-owned bank designated by the County Treasury.”
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16 Feb 2017 in National Assembly:
Basically, if you look at the current Public Finance Management (PFM) Act, it says that not later than 30th of August each year, the County Executive Committee Members for Finance shall issue a circular setting out the guidelines to be followed by all the county governments entities in the budget-making process. It is to take only 15 days, but he has proposed that we add 15 days more. Hon. Wamunyinyi, that is the explanation.
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move: THAT, Clause 2 be amended by inserting the following new paragraph immediately after paragraph (a)— “(aa) in the definition of “short term borrowing” by— (i) deleting the phrase “bank-overdraft” appearing immediately after the phrase “Treasury Bills” and substituting therefor the phrase “Central Bank of Kenya-overdraft”; (ii) inserting the phrase “Central Bank of Kenya” before the word “instrument”.” This amendment is supposed to cure the problem of borrowing especially by devolved institutions or their respective entities from commercial banks by way of overdraft or other general instruments experienced so far. We want to ...
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16 Feb 2017 in National Assembly:
The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor.
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, the Member for Subukia is talking to me in his mother tongue and we do not come from the same region and community.
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16 Feb 2017 in National Assembly:
I beg to move that the Committee do report to the House its consideration of the Public Finance Management (Amendment) Bill (National Assembly No.4 of 2015) and its approval thereof with amendments.
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16 Feb 2017 in National Assembly:
Hon. Speaker, I beg to move that the House do agree with the Committee in the said Report. I request the Member for Subukia to second the Motion for agreement with the Report of the Committee of the whole House.
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16 Feb 2017 in National Assembly:
On a point of order, Hon. Speaker.
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