Muturi has assured that there will be no last minute rush like in the past which was caused by the Treasury’s failure to present the budget estimates in time.
He has called for cooperation by all stakeholders in the budget making process to ensure that everything is included in the final budget.
“The first and the main thing that we are going into, is to ensure that the printed budget estimates are submitted to Parliament by the Cabinet Secretary then after three days, they will be tabled on the floor of the House the referred to the relevant departmental committees,” the Speaker said.
The Treasury must give Parliament the estimates for the 2013/2014 financial year by the end of this month.
The Speaker said he believes once the estimates get to the National Assembly, all will run smoothly and quickly as required by the Constitution.
“I am aware that certain procedures in our Standing Orders were fast tracked by the last Parliament and therefore exempted things to do with many deadlines. For example Budget Policy Statement being laid before the February 15 and other few things,” Muturi said.
However due to the short time remaining time, the estimates may not have full contributions from the ministries which are yet to be fully in place after the appointment of Cabinet Secretaries and Parliament.
The Budget-making process should begin latest, 60 days before the end of the financial year when parliament receives Budget estimates from the secretary of Finance.
The necessary committees are then given the estimates and given 21 days to go the through the document including receiving public views before taking it before the floor of the House.
The final document is then presented as a Motion in Parliament for debate to make any necessary amendments and then approved.
Thereafter the government is effectively authorized to raise revenue through taxes, and to spend it in accordance with the budget but after passing the Finance and Appropriations Bill.