{"id":1174514,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1174514/?format=json","text_counter":122,"type":"speech","speaker_name":"The Deputy Speaker","speaker_title":"","speaker":null,"content":"Section 58 (1) of the Public Finance Management Act, gives power to the Cabinet Secretary responsible for finance to guarantee a loan of a county Government or any other borrower on behalf of the national Government and further, that such a loan shall be approved by Parliament. Section 58 (2) of the Public Finance Management Act, spells out the conditions to be met before the Cabinet Secretary guarantees such a loan. The key conditions include that: - (a) the loan be for a capital project;"}