𝐏𝐔𝐁𝐋𝐈𝐂 𝐃𝐄𝐁𝐓 𝐀𝐍𝐃 𝐏𝐑𝐈𝐕𝐀𝐓𝐈𝐙𝐀𝐓𝐈𝐎𝐍 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐑𝐄𝐂𝐄𝐈𝐕𝐄𝐒 𝐒𝐔𝐁𝐌𝐈𝐒𝐒𝐈𝐎𝐍𝐒 𝐎𝐍 𝐓𝐇𝐄 𝐏𝐔𝐁𝐋𝐈𝐂 𝐃𝐄𝐁𝐓 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓 𝐀𝐌𝐄𝐍𝐃𝐌𝐄𝐍𝐓 𝐁𝐈𝐋𝐋
The Public Debt and Privatization Committee received submissions from different stakeholders in regards to the Public Finance Management (Amendment) Bill, (2023).
The PFM Amendment Bill seeks to amend PFM Act (No. 18 of 2012), by adjusting the framework for monitoring public debt and borrowing, and to align the Act with the provisions of the Constitution relating to definition of public debt, financial obligations and amend the debt limit.