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{
    "id": 1096132,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1096132/?format=api",
    "text_counter": 291,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr.) Wilberforce Oundo",
    "speaker": {
        "id": 13331,
        "legal_name": "Wilberforce Ojiambo Oundo",
        "slug": "wilberforce-ojiambo-oundo-2"
    },
    "content": "The Bill intends to amend the Kenya Deposit Insurance Act and specifically, the issue of Deposit Insurance Corporation Fund on how much it can pay. There are fundamentals we need to put in place from the outset for us to understand the genesis of this matter. First of all, it is expected that people in any given jurisdiction will save. Those savings are lent to investors to invest, create jobs, buy supplies and enable running of economy. The importance of deposits in any economy cannot be gainsaid or overemphasised because they are extremely important."
}