{"id":1119318,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1119318/?format=json","text_counter":395,"type":"speech","speaker_name":"Sen. Cherargei","speaker_title":"","speaker":{"id":13217,"legal_name":"Cherarkey K Samson","slug":"cherarkey-k-samson"},"content":"when the price increase of fuel came across the country. In the wisdom or lack thereof, the Committee - and Sen. Mutula Kilonzo Jnr., should be listening to this - should have developed a legislative proposal in concurrence with the Ministry of National Treasury, instead of saying that we give six months that they need to develop. I saw the Chairperson was here, but he can read the statement. We say go and develop a legislative proposal. Madam Temporary Speaker, do we look at the option where we have Public Debt Management Authority? Do we need a framework on how we can manage some foreign bond? Do we need to look at the rules and regulations? Do we have a way of how to retire expensive old loans? Who sanctions? Do we need even a referendum? Now Parliament looks like they are dancing to the tune of the Executive. Do we need to do a referendum to tell the public to allow the executive to borrow? If we do not allow, we are risking the future stability and security of the nation."}