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{
    "id": 102484,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/102484/?format=api",
    "text_counter": 228,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "It is a good incentive for the Kenyan in the Diaspora to be part and parcel of the economy of this country. However, we must get away from our normal way of taxing the poor and leaving the rich. This is Robin(?) who defects in reverse. We tax mama mboga Kshs50 for selling mboga at Kshs200 and yet all the major enterprises in this country get away with it. The Assistant Minister, Mr. Musila, has talked about banking. It is time the Central Bank of Kenya (CBK) went back and put limits on interests to be charged. We have allowed them to go ahead unfettered. They have used money for micro industries and micro-businesses and charged them tremendous amount of money. The interest on micro-loans is up to 30 per cent per year. How can the poor man benefit? I would like to say that in theory and in intention, the Budget is good. However, it is using short-term solutions to solve long-term problems."
}