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The Parliament of Kenya is set to host the Sixth Annual Conference for the African Network of Parliamentary Budget Offices later this month. The forum which is held in conjunction with the African Network of Parliamentary Budget Offices (AN-PBO) is scheduled to be officially opened by the Speaker of the National Assembly, the Rt. Hon. (Dr.) Moses Wetangβula.
Β The event will be coordinated by the Parliamentary Budget Office, and is expected to focus on experience sharing on how the power of the purse can be used effectively to tackle Africaβs development challenges and the future of Parliamentary Budget Offices (PBOs).
Β Delegates attending the event to be held from August 27 to September 1 in Mombasa County, are drawn from 14 countries in Africa and across the world, who have established PBOs. Others are representatives of international organisations supporting legislaturesβ oversight of public funds.
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Top of the conferenceβs agenda will be deliberations on the global economic outlook.
This discussion is informed by the fact that the global economy is grappling with a web of complex challenges as countries attempt to rebuild and recover from the Covid-19 pandemic and the geopolitical conflicts that have surged from the ongoing war in Ukraine, to the conflict in Sudan.
Β This conference will also deliberate how fiscal policy can respond to the economic vulnerabilities exposed by the crises and the role of fiscal oversight in ensuring transparent and responsible financial management as the call for greater accountability and fiscal prudence continues.
Β Given that the knowledge of Members of the Legislatures varies across the world, and that the PBOs have a crucial role to play in enhancing the fiscal oversight and technical capacity of legislative members in processes involving Budget or Money Bills, the Conference has scheduled a session on βThe role of PBOs in supporting Parliament processes with Budget or Money Bills Amendmentsβ .Β
During this session, speakers will lead presentations on how they have supported their Parliaments in this regard.
The forum will also hold discussions on Managing public debt and fiscal sustainability in times of uncertainty. These discussions come in the wake of countries witnessing a decline in the state of public finances over the past few years as a result of the COVID-19 pandemic and economic instabilities.
Β This session is set to cast a spotlight on effective public debt management, including balancing borrowing for growth and ensuring fiscal sustainability and how this is pivotal in determining a country's financial health and resilience in uncertain times.
Β Another area of focus will be the nexus between public participation by country citizens acting as individuals or represented through civic societies in national budget processes, and its crucial place in upholding democratic principles and promoting transparency, accountability, equitable public resource allocation and trust in government processes.Β
The AN-PBO is a platform for African Parliamentary Budget Offices and similar institutions to share ideas and experiences about strengthening support for parliamentary fiscal oversight.