Muturi thwarts Kuria's push for MPs team to audit debts
SEE ALSO :We have destroyed Kenya, says Uhuru’s MPThe proposed committee would have investigated, among other things, the processes, terms and status of both current and past domestic and external debts in the background of the current revenue collection, taxation measures and public expenditure. Kuria also wanted the team to look at the effects of the debt on the current and future generations and make recommendations on possible alternatives and mitigation measures before filing its report to the House in 90 days.
Proposal rejectedHowever, Muturi ruled that the proposed roles of the ad-hoc committee were within the mandate of the Departmental Committee on Finance and National Planning. “The subjects that are dealt with by the Departmental Committee on Finance and National Planning include public finance, monetary policy, public debt, financial institutions, revenue policies, including taxation, and national planning and development. In this regard, the House Business Committee is of the view that the matters listed in the proposed Notice of Motion fall squarely with that committee,” ruled Muturi. Under the Standing Orders, a select committee can only be formed to look into matters that are not specifically allocated to any committee of the House or matters that that cut across many committees.
Duplication of rolesBut the speaker ruled that the work of such a committee would be a duplication of roles since the National Treasury has always submitted to Parliament statutory reports and statistics on the status of loans contracted or guaranteed by the national government, the National Debt Management Strategies and related reports. “These matters are still pending before the Departmental Committee on Finance and National Planning and the Budget and Appropriations Committee,” he ruled.
Do not miss out on the latest news. Join the Standard Digital Telegram channel HERE.