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{
    "id": 1077078,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077078/?format=api",
    "text_counter": 284,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "most individuals are now in loans. But you should take what you can in terms of what your debt service capacity is going to be and not in terms of who is willing to offer that. There are very many people willing to offer some good loans and some bad loans. So, debt has a major implication in how we walk through the process of developing our economy. If we do not get that right, it would torpedo our micro-economic framework, the framework we are projecting we shall have in terms of employment, job growth, additional savings and investments that we can then grow and prepare for the next generation. It has put a huge squeeze on our Budget, already about 65 per cent is going to debt service."
}