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{
    "id": 1222261,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222261/?format=api",
    "text_counter": 329,
    "type": "speech",
    "speaker_name": "Kipipiri, UDA",
    "speaker_title": "Hon. Wanjiku Muhia",
    "speaker": null,
    "content": "Hon. Temporary Speaker, the foreign exchange risk is an issue. In fact, it beats logic. It is not morally right for someone to lend you money at the rate of Ksh80 per one US Dollar and then ask you to pay depending on the inflation and the shocks of the economy at the rate of Ksh130 or Ksh140 per dollar. This country needs serious debt negotiators who will look at agreements, relook at them and agree with the lender that for a loan borrowed at an exchange rate of 100 and should the dollar appreciate to 150, we shall still pay at 100."
}