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{
    "id": 1130038,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1130038/?format=api",
    "text_counter": 65,
    "type": "speech",
    "speaker_name": "Hon. Uhuru Kenyatta",
    "speaker_title": "His Excellency the President",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "As the eleventh intervention, I also asked the National Treasury and CBK to consider revising the maximum amount an individual or enterprise can withdraw or deposit from a bank that previously stood at Kshs1 million, which was not supportive of our current business environment. I am glad to report to Parliament that as of 8th November 2021, the CBK issued a notice suspending the listing of negative credit information for borrowers with loans below Kshs5 million that fell into arrears from 1st October 2021 to 30th September 2022. This will give the medium, small and micro enterprises (MSMEs) 12 months to re-organise themselves and adapt to the new economic normal. I am also happy to report that the CBK is at an advanced stage of revising the Kshs1 million threshold for cash deposits and withdrawals in the banks."
}