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"id": 103812,
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"type": "speech",
"speaker_name": "Mr. Nguyai",
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"legal_name": "Lewis Nganga Nguyai",
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"content": "Madam Temporary Deputy Speaker, first and foremost, this particular loan was on soft terms. As you realize, it was at 0.5 per cent and it had a grace period. After the grace period of five years, payment was to be made after every half year. If you look at the debt sustainability, the public debt level is within sustainable levels; we are at 15 per cent and the critical threshold is at 25 per cent. so, I think it will not have adverse effect on the economy."
}