‘No more presidential power abuse on debt contraction’
Published On August 18, 2022 » 6066 Views» By Times Reporter » Latest News
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THE Ministry of Justice has assured that a safeguard measure has been incorporated in the 2022 Public Debt Management Bill to prevent any Executive from contracting debt without Parliament’s approval.
Justice Permanent Secretary for legal services Mwenya Bwalya said further that the processes of legislative review were that when a bill reached Third Reading, as was the case with the Public Debt Management Bill, there was “very” little that could be done afterwards.
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