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"id": 1216894,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1216894/?format=api",
"text_counter": 175,
"type": "speech",
"speaker_name": "Emuhaya, ANC",
"speaker_title": "Hon. Omboko Milemba",
"speaker": null,
"content": "People sometimes criticise the hustler fund today. If you move with Keynesian thinking, it can create the aggregate demand and then pull an economy that is suffering in the form of a depression. However, that is not what I wanted to do. I want to thank the Chair of the Budget and Appropriations Committee for being very eloquent and having his touch on this particular Budget. He did it so well that any other person understood what this Supplementary Budget is all about. He began by explaining clearly to Kenyans that we had made a Budget of Ksh3.3 trillion. Out of it, a whooping Ksh860 billion was debt repayment. That is why every Kenyan wishes to be an economist currently. During the French Revolution of 1789, every Frenchman became a politician. Because of bad economic times currently, every Kenyan has become an economist. Therefore, what affects us is borrowing and deficit in our budgets."
}