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{
    "id": 120230,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/120230/?format=api",
    "text_counter": 163,
    "type": "speech",
    "speaker_name": "Mr. Ogindo",
    "speaker_title": "",
    "speaker": {
        "id": 120,
        "legal_name": "Martin Otieno Ogindo",
        "slug": "martin-ogindo"
    },
    "content": "Mr. Deputy Speaker, Sir, I wish to seek further clarification from the Assistant Minister. First, we would want to know the specific measures that have been put in place. In simple terms, from this decline in the dollar value, I understand that this Government had made a provision of Kshs160 billion to pay for its foreign debts. These debts are in various currencies and we are holding our reserves majorly in dollars. This means that a decline of 15 per cent means we are going to pay Kshs24 billion more. What measures are in place to cushion this? Is this not a specific risk to the economy?"
}