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REGIONAL INTEGRATION COMMITTEE HOLDS FAMILIARIZATION MEETING WITH STAKEHOLDERS

National Assembly Committee on Regional Integration chaired by Hon. Wanjiku Muhia (Kipipiri) held a consultative meeting on integration process with different stakeholders.

During the meeting, the stakeholders; Ministry of East Africa Community, the Arid and Semi Arid Lands  (ASALs) and Regional Development, the State Department for Immigration & Citizen Services and Inter-Governmental Authority on Development (IGAD) Secretariat, made presentations on the EAC strategies to support free movement of goods and people within the bloc and other regional bodies.

PUBLIC DEBT STOCK PROJECTED TO SURPASS THE KSHS. 10 TRILLION MARK BY JUNE 2024

The current debt stock is projected to range above Kshs. 9.4 trillion by June this year, and cross the Kshs. 10 trillion debt ceiling by June 2024. This is according to a 2023 Public Finance Management Regulation Amendments report presented by the Parliamentary Budget Office (PBO) to the National Assembly Public Debt and Privatisation Committee Chaired by Balambala MP Hon. Abdi Shurie.

COMMITTEE CHAIR CONGRATULATES NEW CDF

Chairperson of the National Assembly Departmental Committee on Defence, Intelligence and Foreign Relations Hon. Nelson Koech has congratulated the newly appointed Chief of Defence Forces (CDF) Lt. Gen. Francis Ogolla.

Hon. Koech described Lt. Gen. Ogolla's promotion to the helm of the Kenyan Military from his previous rank as Vice-Chief of the Kenya Defence Forces as "professionally, intellectually and most solidly well deserved".

BUDGET COMMITTEE APPROVES LEGISLATIVE PROPOSALS TO AMEND BILLS

The National Assembly Budget & Appropriations Committee (BAC) unanimously approved legislative proposals to amend existing Bills. Led by the Committee Vice Chairperson Hon. Mary Emaase, the Committee approved; the Value Added Tax (Amendment) Bill (2023) by Hon. Dr. Beatrice Adagala, Pensions (Amendment) Bill, (2023) by Hon. Tandaza Sawa, Political Parties (Amendment) Bill (2022) by Hon. Wanami Wamboka, Kenya Scouts (Amendment) Bill (2022) by Hon.

𝗧𝗥𝗘𝗔𝗦𝗨𝗥𝗬 𝗖𝗦 MEETS HOUSE TEAM, 𝗣𝗥𝗢𝗣𝗢𝗦𝗘𝗦 𝗡𝗘𝗪 𝗗𝗘𝗕𝗧 𝗖𝗘𝗜𝗟𝗜𝗡𝗚 𝗙𝗥𝗔𝗠𝗘𝗪𝗢𝗥𝗞

The Cabinet Secretary (CS) for National Treasury and Economic Planning, Prof. Njuguna Ndung’u has proposed the amendment of the Public Finance Management (PFM) Act 2012 and the attendant regulations to replace the current numerical debt ceiling of Ksh 10 trillion with a debt ratio of 55 percent present value of the Gross Domestic Product (GDP).

𝐒𝐄𝐍𝐀𝐓𝐎𝐑 𝐃𝐔𝐋𝐋𝐎 𝐑𝐄𝐐𝐔𝐄𝐒𝐓𝐒 𝐅𝐎𝐑 𝐀 𝐒𝐓𝐀𝐓𝐄𝐌𝐄𝐍𝐓 𝐎𝐍 𝐑𝐄𝐏𝐎𝐑𝐓𝐒 𝐎𝐅 𝐇𝐀𝐂𝐊𝐈𝐍𝐆 𝐎𝐅 𝐓𝐇𝐄 𝐈𝐅𝐌𝐈𝐒 𝐒𝐘𝐒𝐓𝐄𝐌

Isiolo County Senator Fatuma Dullo is seeking for a statement from the Senate Standing Committee on Finance and Budget regarding the chronic delays in disbursement of exchequer funds to counties and reports of hacking of the Integrated Financial Management and Information System (IFMIS).

In her request, the lawmaker wants the committee to state the reasons of the incessant delays in the disbursement of exchequer funds by the National Treasury, particularly to counties. 

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