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{
    "id": 1230943,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1230943/?format=api",
    "text_counter": 71,
    "type": "speech",
    "speaker_name": "Kilifi North, UDA",
    "speaker_title": "Hon. Owen Baya",
    "speaker": null,
    "content": "One of the things that we need to look at is a new economic architecture in this country. We have taken huge loans so that we produce power. Those loans must be paid for at high interest rates in US$. When that is done, the cost of everything in this country goes up. This is because the person who produces unga at the maize mill uses power to do so. If the cost of power is high, it will be loaded onto the price of unga. When you process milk, you use power. The cost of milk will go up because power costs are high. Cement manufacturing uses power. If you want to build a house, the costs will go up. As we look at the development index of this country, one of the things that we need to look at is the construction industry. If the cost of construction is higher because cement is produced at higher costs due to power tariffs, it will even be difficult to own property in this country."
}