Live Breaking News & Updates on Treasury Henry Rotich

Stay updated with breaking news from Treasury henry rotich. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Proposed debt agency won't cure our fiscal indiscipline


Proposed debt agency won’t cure our fiscal indiscipline
Friday December 11 2020
The management of public finances has been characterised by fiscal indiscipline with massive expenditure overruns. FILE PHOTO | NMG
By GEORGE BODO
Summary
The problem does not lie in the lack of an independent public debt management agency, but rather the lack of commitment to implement public debt management reforms, the PFM law and failure by oversight bodies to perform their role.
There is proposed legislation by the Member of Parliament for Nambale Sakwa John Bunyasi titled The Public Debt Management Authority Bill, 2020, and dated October 29, 2020.
Through the Bill, the Member of Parliament wants the functions of national debt management expunged from the Treasury and handed over to an autonomous agency, a Public Debt Management Authority (or PDMA) and the Bill lays out a legal framework for the establishment of the authority. ....

Henry Rotich , Nambale Sakwa John Bunyasi , Public Debt Management Authority , Office Of The Auditor , Member Of Parliament , Public Debt Management Authority Bill , Public Finance Management , Cabinet Secretary , Treasury Henry Rotich , பொது கடன் மேலாண்மை அதிகாரம் , அலுவலகம் ஆஃப் தி தணிக்கையாளர் , உறுப்பினர் ஆஃப் பாராளுமன்றம் , பொது கடன் மேலாண்மை அதிகாரம் ர சி து , பொது நிதி மேலாண்மை , மந்திரி சபை செயலாளர் ,