{"id":1218605,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1218605/?format=json","text_counter":130,"type":"speech","speaker_name":"Balambala, JP","speaker_title":"Hon. Abdi Shurie","speaker":{"id":13294,"legal_name":"Abdi Omar Shurie","slug":"abdi-omar-shurie-2"},"content":"Hon. Speaker, this House is aware that Kenya’s public debt stock has reached Ksh9.15 trillion and presently accounts for 67 per cent of the Gross Domestic Product (GDP). The 2023 Medium-Term Debt Management Strategy (MDMS) intends to provide a financing strategy that will minimise the cost and risk of public debt. This year, unlike previous years, this House has a dedicated Committee to review the Debt Management Strategy. This is a new level of policy specialisation that this House can count on. We thank the House for the continued support. Based on these factors, I beg to move and ask the Member for Gatanga to Second. I thank you."}