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REVIEW OF THE PUBLIC FINANCE MANAGEMENT (AMENDMENT) (NO.2) BILL, 2020

The Public Finance Management (Amendment) (No.2) Bill, 2020 (the Bill) was published on 9th July 2020 and is expected to be presented for discussion by Parliament. The objective of the Bill is to amend the Public Finance Management Act, 2012 to enable the Cabinet Secretary to provide guarantees for loans advanced to micro, small and medium enterprises. The Bill is…

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