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{
    "id": 1222143,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222143/?format=api",
    "text_counter": 211,
    "type": "speech",
    "speaker_name": "Emuhaya, ANC",
    "speaker_title": "Hon. Omboko Milemba",
    "speaker": null,
    "content": " Thank you, Hon. Deputy Speaker for acknowledging my teaching profession, which I am very proud of. I thank the Committee for a very good Report. When it comes to debt matters, there are salient issues within this Report which I wish to highlight. One, the deficit that has been budgeted for by the Budget and Appropriations Committee exceeds the amount that we have leverage to borrow. We have up to Ksh587 billion to borrow. The Budget and Appropriations Committee is proposing that we need to borrow as high as Ksh700 billion. In the spirit of the President, he wants to manage those debts. The previous Government over-borrowed. We only have about Ksh500 billion to reach the debt ceiling. The debt ceiling, as it has been properly moved by the Chairman of the Budget and Appropriations Committee, is Ksh10 trillion only. Therefore, if we go that direction, we shall exceed it. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}