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PUBLIC DEBT AND PRIVATIZATION COMMITTEE TABLES REPORT ON THE MEDIUM-TERM DEBT MANAGEMENT STRATEGY

The Public Debt and Privatization Committee chaired by Hon. Abdi Shurie (Balambala) on Thursday 9th March, 2023 tabled a Report on Medium-Term Debt Management Strategy (MTDS) in the National Assembly. The Report provides strategies and initiatives to be undertaken by the National Treasury in financial year 2023/24, to meet fiscal deficits for the period between 2023 to 2026, as proposed in the 2023 Budget Policy Statement.

COMMITTEE ON FINANCE AND NATIONAL PLANNING ENGAGES KRA OVER REVENUE TARGET STRATEGIES

The Departmental Committee on Finance and National Planning this morning kicked off a 2-day engagement with the Kenya Revenue Authority (KRA) at Simba Lodge Naivasha .

The Committee which is mandated to consider matters in relation to public finance is keen to understand the strategies the Authority has laid down to meet its revenue targets for the current financial year and the 3 trillion projection for the Financial Year 2023/2024.

COMMITTEE ON FINANCE AND NATIONAL PLANNING TO CONDUCT INQUIRY INTO DISBURSEMENT OF KSHS 6.014 B TO TELKOM KENYA FOR EXIT OF JAMHURI HOLDING LTD

The Departmental Committee on Finance and National Planning is set to commence an inquiry into the disbursement of Kshs. 6.014 to Telkom Kenya to facilitate the exit of Helios Investment Partners. The Kimani Kuria-led Committee in particular seeks to establish if the law was followed in the disbursement of the money under Article 223 of the Constitution.

The Committee through a report recently recommended to the House the disapproval of the disbursement which happened in August 2022, but whose approval was sought in January 2023. 

THE COMMITTEE ON PUBLIC PETITION GRILLS CONSUMER RIGHTS DEFENDER STEPHEN MUTORO

The National Assembly Public Petitions Committee today cross-examined the Consumer Rights Defender, Mr.Stephen Mutoro on his petition regarding funds spent by the former administration without the approval of Parliament.

Mr Mutoro had petitioned the House to investigate resources utilized by the National Government in violation of Article 223 of the Constitution that was executed by the Controller of Budget.

HOUSE WATCHDOG COMMITTEES TO BE INDUCTED ON HOW TO EFFECTIVELY HOLD THE EXECUTIVE TO ACCOUNT

The National Assembly has organized a four-day workshop to induct Members of the House Watchdog Committees on how to effectively hold the Executive to account, make law and upscale their representation role.

The induction is organized by the Directorate of Audit, Appropriations and other Select Committees.

The forum which starts tomorrow (Friday) and runs through Sunday will be held at Pride Inn Paradise Hotel and Conference Centre in Mombasa County.

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