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"id": 1076682,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1076682/?format=api",
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"type": "speech",
"speaker_name": "Hon. (Ms.) Gladys Wanga",
"speaker_title": "",
"speaker": {
"id": 590,
"legal_name": "Gladys Atieno Nyasuna",
"slug": "gladys-atieno-nyasuna"
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"content": "The issue of debt has already been raised by the Chairman of the Budget and Appropriations Committee. We have a debt of Kshs7.3 trillion currently. Then, there is an additional Kshs1.35 trillion of debt that has been signed, but has not been drawn or disbursed. This brings the total debt to Kshs8.65 trillion against a ceiling of Kshs9 trillion. Our fiscal deficit in this financial year is almost Kshs900 billion. This means that we must adjust our debt ceiling to accommodate what we will do in this coming financial year."
}