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.

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).