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{
    "id": 1202471,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1202471/?format=api",
    "text_counter": 75,
    "type": "speech",
    "speaker_name": "Bonchari, UPA",
    "speaker_title": "Hon. Charles Onchoke",
    "speaker": null,
    "content": "I have had time to look and listen to the Speech by the President in the 13th Parliament and like you have noted, it lacks in detail. I hope in due course there will be policies put in place to support its intentions and wishes for it to be actualised. I note that he talked about cutting recurrent expenditure in paragraphs 40, 41, and 42 of the Speech. He talks about enhancing savings so that we have money for our investments. He talks about controlling the public debt which had grown astronomically. He also talks about the poor culture of savings which undermines investments in this country as well as affordable housing. With regard to savings and investments in this country, often we forget to take note that investments are both local, international as well as foreign. When we look at what makes Kenya attractive or not attractive as an investment destination, there are a number of things that we need to learn and take care of. The cost of doing business in this country is quite high. When you talk to an investor, both foreign or local, they all attest to the fact that the cost is pretty high. This needs to be looked at and be controlled through this 13th Parliament."
}