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Uses of short-term debt include;Provision of cash as a stopgap measure while resolving financial problemsCash to initiate or begin a projectMinimizing cash flow fluctuationsProvision of cash to accommodate under budget expenditureStartup cash for initial constructionProviding of cash as an interim financing
To get short term paybill number, you are required to provide specific documents associated with problem you want to fundraise for. For example medical fundraising, you will need to submit copy of ID of the applicant, letter from the doctor, and bank details.
Roles of parliament in the budget process in Kenya are;The proposals are debated upon by the Members of Parliament.Budget proposals are presented to Parliament by the Finance Minister in June each year. Parliament will monitor budget implementation through the Public accounts Committee, Public Investment Committee.Each Ministry will seek authority from parliament to get funds from the consolidated fund.
Main sources of revenue budget in Kenya are;FinesCustom and excise dutiesIncome and corporation taxIncome from state properties
The three stages of budget making process in Kenya are;The drafting stageThe legislation stageThe implementation and audit stage