Tuesday, August 23, 2011

Cabinet approves two more Bills



  SHARE BOOKMARKPRINTEMAILRATING
President Kibaki chairs a past cabinet meeting. Cabinet has approved two constitutional implementation Bills required to have been passed one year after the  promulgation of the Constitution August 23, 2011. FILE
President Kibaki chairs a past cabinet meeting. Cabinet has approved two constitutional implementation Bills required to have been passed one year after the promulgation of the Constitution August 23, 2011. FILE 
By PPS
Posted  Tuesday, August 23  2011 at  13:52
Share This Story
Share 
Cabinet has approved two constitutional implementation Bills required to have been passed one year after the promulgation of the Constitution.
The Contingencies Fund and County Emergencies Bill 2011 gives effect to the implementation of article 208 of the Constitution and establishes a contingency fund whose operation will be in accordance with an act of Parliament.
RELATED STORIES
The national government is required to seek the approval of Parliament of any spending from the contingency fund.
Furthermore, the Bill creates an emergency fund under the county governments and gives effect to the disaster management which is one of the functions apportioned to the county governments.
The National Government Loans Guarantee Bill 2011 seeks to give effect to articles 212 and 213 of the Constitution. It allows for the national government to provide loan guarantees in a transparent, prudent and equitable manner.
In that regard it provides for a period of publication of guarantees to all loans guaranteed and also provides for the manner in which the national government can take responsibility in the event of default.
Cabinet, under the chairmanship of President Kibaki at State House Nairobi, commended everyone involved with finalising Bills within the timeline stipulated in the Constitution.

No comments:

Post a Comment