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{
    "id": 1132763,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1132763/?format=api",
    "text_counter": 221,
    "type": "speech",
    "speaker_name": "Kiharu, JP",
    "speaker_title": "Hon. Ndindi Nyoro",
    "speaker": {
        "id": 13370,
        "legal_name": "Samson Ndindi Nyoro",
        "slug": "samson-ndindi-nyoro"
    },
    "content": "get as an aggregate is around Kshs6.8 trillion. Therefore, for the Kenyan economy to have grown to Kshs11 trillion, it ought to have grown by 10 to 11 per cent per annum compounded for the eight years. Therefore, Kenya ought to have been placed as the highest growing economy in the world. Disappointingly, if you compound the average, as reported by this Government, it comes to a paltry 6.8. Either the President's Speech or the data provided by this Government is wrong. I can see that my time is almost up. Lastly, I want to speak to the issue of debt. The President talked about kilometres of road and connection of households to electricity. We have borrowed a net of over Kshs10 trillion. A proportion of that can do so much. If you just double that and tarmac 20,000 kilometres, you will spend Kshs1.2 trillion. If you connect 10 million households with electricity, you will just need Kshs350 billion. If you connect households to piped water and spend about Kshs50,000 per household, you will spend Kshs500 billion only. If you construct a Level Six Hospital in every constituency, you will only use Kshs290 billion. Cumulatively, that is around Kshs3.32 billion. If you throw in a trillion shillings for other people to steal, you will still be left with over half the money that we have borrowed. However, that money cannot be traced. We do not know where that money is. Hon. Temporary Deputy Speaker…"
}