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The three stages of budget making process in Kenya are;The drafting stageThe legislation stageThe implementation and audit stage
Role of a company secretary in a private company include;To be at all meetings including board meetings and take minutes of such proceedingsTo issue notices of the meetings to members and other.To countersign instruments to which the company seal has been affixed.To conduct and record transfers of shares and conduct correspondence with shareholders as regard calls, transfers, forfeiture.To keep books of the company, particularly those relating to the internal administration of the company e.g shares register and register of charges.To make all the returns of the company e.g the annual returns, notice of special resolutionFor quoted companies he ensures compliance with Nairobi Stock Exchange and Capital Markets Authority Requirements.For banks he ensures compliance with Central Bank of Kenya statutory requirements
Parliamentary roles of the head of state in Kenya are;Address a special sitting of the parliament at least once in a yearOfficially open the newly elected parliamentAssent to bills they become laws
Roles of a presiding officer during elections in Kenya include;Ensure free and fair elections at the polling stationEnsure eligible voters vote only onceHelp the illiterate voters mark ballot papersSeal ballot boxes and transfer them to a central place where tallying is done.Maintain law and order and report cases of irregularities to the returning officerEnsure all voting materials are availed before the voting exercise begins.
Main short term ways of financing government budget deficit are;Use of open market operationsRunning down cash reservesBorrowing both locally and abroadUse of fiduciary issues or paper monies