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{
    "id": 1157201,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1157201/?format=api",
    "text_counter": 431,
    "type": "speech",
    "speaker_name": "Nominated, JP",
    "speaker_title": "Hon. David ole Sankok",
    "speaker": {
        "id": 13166,
        "legal_name": "David Ole Sankok",
        "slug": "david-ole-sankok"
    },
    "content": "FedEx Corporation is a very big company that does business digitally. How can we attract it when we have a red tape and bottlenecks in registration and doing business? We do not have regulations to safeguard their interest. As I said before, those big companies and very rich individuals have choices. We do not have a choice in Kenya. We only have to attract those businesses, businesspeople and investors for us to clear our loans. Our Gross Domestic Product (GDP) is Kshs9 trillion. The loans that we owe other countries and financial institutions amount to Kshs12 trillion. We are already on negative. We are barely surviving. The gross domestic income in Kenya is Kshs96,000 per annum. Every Kenyan owes our loaners around Kshs206,000. You can see the quagmire that we are in. We do not have a choice but to attract them."
}