Constitution of Kenya, 2010 (2) Within seven days after either House of Parliament so requests by resolution, the Cabinet Secretary responsible for finance shall present to the relevant committee, information concerning any particular loan or guarantee, including all information necessary to show— (a) the extent of the total indebtedness by way of principal and accumulated interest; (b) the use made or to be made of the proceeds of the loan; (c) the provision made for servicing or repayment of the loan; and (d) the progress made in the repayment of the loan. Borrowing by counties. 212. A county government may borrow only— (a) if the national government guarantees the loan; and (b) with the approval of the county government’s assembly. Loan guarantees by national government. 213. (1) An Act of Parliament shall prescribe terms and conditions under which the national government may guarantee loans. (2) Within two months after the end of each financial year, the national government shall publish a report on the guarantees that it gave during that year. Public debt. 214. (1) The public debt is a charge on the Consolidated Fund, but an Act of Parliament may provide for charging all or part of the public debt to other public funds. (2) For the purposes of this Article, “the public debt” means all financial obligations attendant to loans raised or guaranteed and securities issued or guaranteed by the national government. PART 4—REVENUE ALLOCATION Commission on Revenue Allocation. 215. (1) There is established the Commission on Revenue Allocation. (2) The Commission shall consist of the following persons appointed by the President— 127