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{
    "id": 1192482,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1192482/?format=api",
    "text_counter": 216,
    "type": "speech",
    "speaker_name": "Tharaka, UDA",
    "speaker_title": "Hon. George Murugara",
    "speaker": null,
    "content": "by the Government through a properly defined and executed Government policy so that their businesses can grow. It is important to note that in the informal sector, the small businesses are the microbusinesses. Most of them do not qualify for any funding simply because they are considered to be amorphous. They are considered to be undefined and informal. Therefore, no bank will want to risk its money in such a sector. However, if we came up with a proper policy, we will unify them at various categories. Those categories we are proposing are not limited to what we have stated here as agriculture, trade, manufacturing and ICT. All categories are supposed to be recognised either by law or regulations of the country so that in the future, these people move as a defined group of entrepreneurs, seek money from banks and other financiers, and improve their economic growth. It is also important to note the Government’s agenda on “the bottom up.” We want the bottom to come up and replace the middle. That is why we say that the middle out and we reach the top. The bottom-up policy is that we must move to the small persons who are at the bottom of the pyramid on the ground. We will fund them through the Hustler Fund, the Women Enterprise Fund and the Youth Empowerment Fund. Whatever it will be, we will fund."
}