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{
    "id": 1222120,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222120/?format=api",
    "text_counter": 188,
    "type": "other",
    "speaker_name": "",
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    "content": "The Committee notes that the management of the public debt in Kenya still has a long way to go if public debt is to be brought down to sustainable levels. This is indicated by the long-term breach of key solvency and liquidity thresholds. Indeed, Kenya’s debt carrying capacity was downgraded in 2019 from strong to medium with a high risk of debt distress. To mitigate this situation, we urge this House not to relent on matters of fiscal discipline and commitment to fiscal consolidation. It is only through the reduction of the fiscal deficit that public debt can be managed."
}