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{
    "id": 1169614,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1169614/?format=api",
    "text_counter": 243,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Mwaura",
    "speaker_title": "",
    "speaker": {
        "id": 13129,
        "legal_name": "Isaac Maigua Mwaura",
        "slug": "isaac-mwaura"
    },
    "content": "Let it be on record that whatever trajectory we are being told to do with this Legal Notice is wrong. We have to stamp our authority and to show the country that we, indeed, are the vanguards of their own future. We are not just accomplices because somebody will say: “Please pass this because tomorrow we will not be able to release monies to you people for Constituency Development Fund (CDF) and for other emoluments we share here in Parliament.” Madam Temporary Speaker, as I conclude, because I can see the indication that my time is ending, I want to say unequivocally that Kenya requires patriots; people who have the best interest of the country in their hearts. The economic model must be relooked up; it must be interrogated. We must ensure that the people at the base of the pyramid end up not becoming handout seekers, which is a left leaning ideology to people who are producers; people who are going to add into and remove from the kitty. That is why I find it novel that the bottom-up economic model’s aim is to ensure that whatever business ideas people have are commercialized and marketed and that they find their way into the market. If we have priorities by counties and allocate about Kshs4 billion for mega county projects around manufacturing and value chain addition, we will spur economic growth and have more to the kitty. We are challenged by the Organization for Economic Co-operation and Development (OECD) countries which collect up to 40 per cent of revenue in terms of the GDP. In Kenya, we were at about 15 per cent, which has gone down because we are over borrowing even the nominal GDP value. When someone says that our economy has grown up to Kshs12 trillion, it is just a way of managing, so that we can get more money to borrow for areas of the economy that may not necessarily be productive. Madam Temporary Speaker, this is an important debate, but I strongly oppose the increase of the public debt ceiling from Kshs9 trillion to Kshs10 trillion. I thank you."
}