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{
    "id": 1116873,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1116873/?format=api",
    "text_counter": 245,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM-K",
    "speaker_title": "Hon. Makali Mulu",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "That is why I want to thank Hon. Wanga and her team for the recommendation that in future, all regulations proposing increase of taxes or levies must be brought to this House, whether they are being approved or annulled. To me, this recommendation is very important. The second point is the issue of the Petroleum Development Levy. You know this is supposed to be a stabilisation fund and it is very unfortunate that this levy can be misapplied to other sectors. As a House, we need to come up with very strict rules or regulations that this money can only be applied when we need to stabilise our prices. This is very important because this sector is regulated and when you have a regulated sector, forces of the market do not come into play. So, The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}