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{
    "id": 1103157,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1103157/?format=api",
    "text_counter": 200,
    "type": "speech",
    "speaker_name": "Sen. Olekina",
    "speaker_title": "",
    "speaker": {
        "id": 407,
        "legal_name": "Ledama Olekina",
        "slug": "ledama-olekina"
    },
    "content": "National Treasury should be telling that because they do not have a lot of money they want to work with CBK such that they can negotiate on either current or future loans and can restructure their loans. Last year, when we were having the debate on the debt ceiling, the National Treasury gave the reason they wanted to increase the debt ceiling. They told us they were doing so to restructure their loans. Today, they are telling us that they are doing so well such that they have paid everyone, sent money to county governments on time and now they have enough to set up a sinking fund. Is that not an oxymoron? I think we need to be alive to the fact in this country what is written on paper is not the reality out there. We have so many ways that we should be exploring. Instead of putting aside money that does not earn any interest, we should ask ourselves whether we are biting more than we can chew. We have never had a problem paying for these loans since Independence. In fact, if it is on a credit report, our credit is good. It is not like the millions of Kenya who are listed in Credit Reference Bureau (CRB). Currently, every country wants to do business with Kenya because we pay our loans. The moment we start setting money aside to pay future loans, we will have problems in meeting our obligations."
}