Tuesday, August 23, 2011

Public Finance Bill shelved, for now



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By OLIVER MATHENGE omathenge@ke.nationmedia.com
Posted  Monday, August 22  2011 at  22:00
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The Executive on Monday suspended processing of the Public Finance Management Bill and instead agreed to target two Bills the Constitution requires to be implemented in a year.
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In a meeting chaired by Prime Minister Raila Odinga, the Cabinet Committee on the Implementation of the Constitution decided that the Bill on the Contingencies Fund and that for loan guarantees by national government be prepared for enactment ahead of Friday’s deadline.
However, Commission for the Implementation of the Constitution chairman Charles Nyachae told the Nation that the Bills were unlikely to be enacted by the set deadline and insisted that the Attorney General seeks extension.
“I am still not sure that the Bills can be processed and passed by August 26 though we will try our best to beat the deadline. We, however, must note that Article 14 of the sixth schedule requires that legislation touching on the county governments be discussed by CIC and the Commission on Revenue Allocation for 30 days,” Mr Nyachae said.
During Monday’s meeting, which the CIC chairman and his CRA counterpart, Mr Micah Cheserem, attended briefly, the PM noted that the Constitution actually gave four years for the enactment of the six Acts on Public Finance.
The Bills were to have been sent to Mr Cheserem and Mr Nyachae yesterday afternoon for their comments before being taken to the Cabinet this morning.

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