ADVOKS GLOBAL · KENYA
Public Finance Management Act
187. Establishment, purpose and composition of the Intergovernmental Budget and Economic Council
Edition: 2026-09-25 · In force
187. Establishment, purpose and composition of the Intergovernmental Budget and Economic Council
(1)There is established a council to be known as the Intergovernmental Budget and Economic Council comprising—(a)the Deputy President who shall be the Chairperson;(b)the Cabinet Secretary;(c)a representative of the Parliamentary Service Commission;(d)a representative of the Judicial Service Commission;(e)the Chairperson of the Commission on Revenue Allocation or a person designated by the Chairperson;(f)the Chairperson of the Council of County Governors;(g)every County Executive Committee member for finance; and(h)the Cabinet Secretary responsible for intergovernmental relations.(2)The purpose of the Council is to provide a forum for consultation and cooperation between the national government and county governments on—(a)the contents of the Budget Policy Statement, the Budget Review and Outlook Paper and the Medium-Term Debt Management Strategy;(b)matters relating to budgeting, the economy and financial management and integrated development at the national and county level;(c)matters relating to borrowing and the framework for national government loan guarantees, criteria for guarantees and eligibility for guarantees;(d)agree on the schedule for the disbursement of available cash from the Consolidated Fund on the basis of cash flow projections;(e)any proposed legislation or policy which has a financial implication for the counties, or for any specific county or counties;(f)any proposed regulations to this Act; and(g)recommendations on the equitable distribution of revenue between the national and county governments and amongst the county governments as provided in section 190; and(h)any other matter which the Deputy President in consultation with other Council members may decide.(3)An appointed member of the Council holds office for two years and is eligible for re-nomination and re-appointment at the end of a term of office for another term not exceeding two years.(4)The National Treasury shall provide secretariat services to the Council and assign or appoint such support staff as may be necessary for the Council to effectively perform its functions.(5)The Council shall meet at least twice a year and the Deputy President shall decide the time and agenda for meetings of the Council in consultation with the other members of the Council.(6)In the absence of the Chairperson from any meeting of the Council, the Cabinet Secretary shall chair the meeting.(7)The Council may determine its own rules and procedures in such manner as it considers appropriate.(8)The Council may invite other persons to attend any of its meetings.