16 Feb 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. Maybe the explanation is not very clear. Let me help in terms of explaining the essence of this amendment. Hon. Members, you realise that as a House, we have been given a bigger mandate in terms of budget-making. The experience has been that when the BPS is presented to this House, and that happens in the month of February, the House is left with minimal time to analyse the budget and be able to give the right advice as representatives of the people. So, this amendment is trying to do two important things. The ...
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16 Feb 2017 in National Assembly:
House, to look at the BPS. We will also have an enforcement mechanism to make sure that resolutions made by the House are adhered to in terms of annual estimates. That is the essence. I support.
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16 Feb 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. As I said earlier on, if you look at the new clause, you will find that it has the same reasoning like the one we had rejected. We are saying that county assemblies, just as the National Assembly, have been given a bigger mandate in the budget-making process. We want to allow more time for the assemblies to look at the budgets. What Hon. Mary is saying, if you just allow her more time, is that we should allow county assemblies to look at the Budget more keenly and make informed decisions.
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16 Feb 2017 in National Assembly:
While I support this---
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, I think this one should also be lost. The National Assembly and the county assemblies are replicas in terms of budget-making. I think we are being unfair to the assemblies in terms of time allowed to look at this process.
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16 Feb 2017 in National Assembly:
No, it does not have.
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, I agree with you because one of the things we are facing is that we have challenges in the capacity of county assemblies. So, if we allow them more time, it will be better because even their capacity is not the capacity of our level, anyway. That is known.
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16 Feb 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. The intention of this amendment is very good. If you look at all the amendments being made to the Public Finance Management (PFM) Act, you will realise that they lean towards what we call ‘a treasury single account’. To me, this is the most important amendment out of the many amendments we have made in this law. This amendment is trying to help towards that end. I think we need to be a bit careful. We have allowed county governments to open accounts with the CBK. I suggest that we allow them to open ...
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16 Feb 2017 in National Assembly:
Hon. Temporary Deputy Chairman, it is also important to educate each other. The CBK is called the bank of last resort. It is where you borrow when you cannot borrow from any other place. People do not deposit their money with the CBK. I think there are bigger economic issues to do with these amendments, which we might need to think through. My appeal would be that for this particular one where we are tying them to only imprests accounts, we should allow them for now as we think through this particular amendment.
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