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{
    "id": 1222244,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222244/?format=api",
    "text_counter": 312,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr) Ojiambo Oundo",
    "speaker": null,
    "content": "I have looked and read through the Report, and it makes a lot of sense. It has so many issues but at the end of the day, there are some areas that have not been bold enough to tackle them as they were. Any strategy that is developed must have a sensitivity analysis. It is telling, shaming and is indeed, lack of proper planning that in Paragraph 13 of the Report, the Committee observed that there was no sensitivity analysis undertaken in preparing the Medium-Term Strategy. Hon. Temporary Speaker that, therefore, means that the strategy as prepared, cannot be implemented and has got no inbuilt room for purposes of ensuring that if anything goes wrong, we will be able to manage the situation. If you look at the website of the Central Bank of Kenya today, you will see that the measures of market performance are literally red. Inflation as at February 2023 was 9.23 per cent. The interest rate spread was about 6 per cent. That means it will not be easy to collect the money we are talking about. Some of the fundamentals that have anchored this Report are faulty and unlikely to support anything."
}