Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1107412,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1107412/?format=api",
    "text_counter": 686,
    "type": "speech",
    "speaker_name": "Kikuyu, JP",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "Hon. Temporary Deputy Chairman, part of the amendment is to have the NHIF Board invest any surplus funds they may have in Government securities as may be approved by the National Treasury. This is a standard provision in most State Corporations Acts and is also quite critical, especially for a Fund like the NHIF that comes in as a social security or social insurance Fund to protect Kenyans on healthcare matters. Previously, the NHIF and the NSSF lost so much of their surplus funds which were invested in the collapsed Euro Bank. It is necessary that whenever they have surplus funds, they are not left to invest in Ponzi schemes and merry-go- rounds, but in Treasury Bills and other Government securities so that the money helps to keep the cost of borrowing by the Government low."
}