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{
    "id": 1216052,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1216052/?format=api",
    "text_counter": 209,
    "type": "speech",
    "speaker_name": "Sen. Okiyah Omtatah",
    "speaker_title": "",
    "speaker": null,
    "content": "was set up and limit set up in borrowing, they were deliberate to avoid a situation that hon. Sen. Mungatana MGH has raised whereby you become tenants in your own country because of paying debts. Right now, Kenyans have become tenants in Kenya because we are paying rent to other people for being in this country. The largest part of our GDP per sector goes to service debts. The public debt service to revenue ratio is above the International Monetary Fund (IMF) threshold of 30 per cent. When you look at our debt, it is no longer productive. It has become a burden that we are experiencing through increased taxation. Most of these have been caused by the reckless borrowing we have had in the past. I am yet to be convinced that there is a change of mood in the air that public funds will be expended with the responsibility it deserves."
}