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{
    "id": 1173482,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1173482/?format=api",
    "text_counter": 227,
    "type": "speech",
    "speaker_name": "Hon. John Kiarie (",
    "speaker_title": "",
    "speaker": null,
    "content": "Dagoretti South, JP): Hon. Speaker, thank you very much. We would be burying our heads in the sand if we say that we do not have a debt problem in this country. Truth be told! We have a big debt problem in this country. That is why I want to cling on a Freudian slip made by the Leader of Majority Party this afternoon. Psychologists tell us that you can slip and say what you are thinking without wanting to say it. The Leader of the Majority Party has told us that we are just about to swallow a very bitter pill. That is the truth. It was a Freudian slip. He corrected it but that was in his mind and it is the truth. This is a country that is at the height of its borrowing. During COVID, it was borrowing Kshs2.5 billion every day; thus adding to the debt bill that we have in this country. So, we have to just agree when it is the right time to stop digging the hole. This is because the English tell us that when you find yourself in a hole, you have to decide to first stop digging and then you can start climbing out of that hole. What has been said is true. It is also true that borrowing is not the problem. Borrowing has never been the problem. The style with which Kenya is borrowing is the problem and is unique. The examples that we are being given here do not apply. No one borrows the way Kenya borrows and no one utilises borrowed money in the manner in which Kenya has been utilising borrowed money."
}