ADVOKS GLOBAL · KENYA
Public Finance Management Act
59A. Cabinet Secretary to submit a report on credit guarantees to micro, small and medium enterprises to Parliament
Edition: 2026-09-25 · In force
59A. Cabinet Secretary to submit a report on credit guarantees to micro, small and medium enterprises to Parliament
(1)The Cabinet Secretary shall prepare a statement of the credit guarantees granted under section 58(5) and a summary thereon in such detail as the Cabinet Secretary may determine.(2)The Cabinet Secretary shall, at least once in every year, submit to Parliament the summary prepared under subsection (1) together with a report of—(a)the total value of credit guarantees given during that period;(b)the total value of credit guarantees liquidated during that period;(c)the total value of outstanding credit guarantees on the date of the report;(d)the risk assessment of the credit guarantees or classes of guarantees;(e)information on the total value of credit guarantees, disaggregated into the number of enterprises owned by women, youth and persons with disabilities which have been guaranteed;(f)information on the total value of credit guarantees, disaggregated into the number of micro, small and medium enterprises guaranteed and by the respective regions; and(g)any other relevant information prescribed by regulations for the purposes of this section.