PARLIAMENT OF THE KINGDOM OF LESOTHO
NOTICE PAPER NO. 462
Friday, 1st July, 2022
NOTICE OF AMENDMENTS TO PUBLIC FINANCIAL MANAGEMENT BILL, 2022.
Notice given on Friday, 1st July, 2022.
Hon. Minister of Finance –
- In clause 6, delete the numbering (1) and in sub-clause (d), lines 1 – 2, delete the words “annual cash plans for submitting to the Accountant General and publishing” and substitute them with the words “warrant plans for release of warrants and publication”.
- In postponed Clause 6, delete sub-clauses “(e)” and “(f)” and substitute them with the following:
“(e) develop budget policy and legislation in order to provide direction and to regulate budgetary process;
(f) lead the formulation of medium-term budget planning; the national annual budget, the budget implementation, the budget monitoring and evaluation and be responsible for designing and implementing budget reforms;
(g) take measures to ensure that Government expenditures are incurred in consistence with laws and regulations governing the use of Government finances;
(h) assist in the presentation of the Government of Lesotho consolidated budget for discussion and approval by the Executive (Cabinet) and legislature (Parliament); and
(i) maintain central budget management system that interfaces with IFMIS for budget management.”
- In postponed Clause 25 sub-clause (2), line 1, delete the word “no”.
- In postponed Clause 82, delete sub-clauses (2) and (3) and substitute them with the following:
“(2) In year adjustment and supplementary budgets of local councils shall be prepared in line with Part IV”
and renumber sequentially.