CS National Treasury Hon. FCPA John Mbadi this morning appeared before the Parliamentary Committee on Delegated Legislation
CS National Treasury Hon. FCPA John Mbadi this morning appeared before the Parliamentary Committee on Delegated Legislation, chaired by Hon. Samuel Chepkonga (MP, Ainabkoi), to deliberate on the Public Finance Management (State Officers and Public Officers Motor Car Loan Scheme Fund) (Amendment) Regulations, 2025 and the Wildlife Regulations, 2025.The CS explained that the proposed amendments to the Motor Car Loan Scheme Fund regulations are aimed at addressing the low uptake of the facility, which has raised audit concerns and questions regarding the Fund’s longterm sustainability.
A review of the current regulations identified key challenges affecting uptake, including the 60month repayment period,which limits payslip headroom for many officers, and the restriction on vehicles not older than eight years from the date of manufacture.
The proposed changes seek to make the facility more accessible and attractive to eligible officers,thereby enhancing uptake and ensuring the Fund effectively achieves its intended purpose.
During the session, the CS also highlighted the role of the Wildlife Conservation Trust Fund, established under the Wildlife Conservation and Management Act, which supports wildlife conservation programmes, ecosystem protection, community based conservation initiatives and grants.
The CS was accompanied by PS State Department for Wildlife Ms. Silvia Museiya Kihoro, Director Accounting Services Mr. FCPA John Wala,Ms. Edna Atisa, Acting CEO of the Motor Car Loan Scheme Fund, and Director Administration Mr. Godfrey Busolo
