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{
    "id": 100599,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/100599/?format=api",
    "text_counter": 284,
    "type": "speech",
    "speaker_name": "Ms. Karua",
    "speaker_title": "",
    "speaker": {
        "id": 166,
        "legal_name": "Martha Wangari Karua",
        "slug": "martha-karua"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, I want to congratulate the Mover of this Bill and say that it was necessitated by the Government sleeping on the job. Liberalization without regulation is a disaster. It always leads to disaster. The crashing of the world economy or the financial crisis the countries of the world are trying to come away from is because of failure to regulate the financial sector. This Bill is intended to regulate the issue of prices of essential commodities. The Government has watched without doing anything as food prices escalate beyond the reach of the common man. We can hardly afford goods because of the rising cost of energy which triggers the rising cost of everything including food. What we need to see is regulation not apologies to any investor. The greatest investor in any country is the local population. It is our local population that we must aim at safeguarding. Mr. Temporary Deputy Speaker, Sir, I would like to invite the Government to quickly ensure that the President assents to this Bill. This is to ensure that the local investor, who is the citizen, gets the protection they need. They should also ensure that we move forward with reviving the economy making sure that the gains do not become a preserve of the few but are spread over to many. This is the way to end inequalities. I beg to support."
}