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{
    "id": 1249282,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1249282/?format=api",
    "text_counter": 380,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "When we put him to task on the high volume of non-performing loans in our banking sector, he noted that this was because of the contraction we have seen in the manufacturing and real estate sectors. Especially following the COVID-19 post-recovery. However, he noticed that the private sector had reduced from 33 per cent to 24 per cent. If approved to be the next Governor of the Central Bank of Kenya, Dr. Kamau Thugge promised to increase credit to the private sector while making sure that we do not destabilise the economy. We put the nominee to task on the big debate in the country; the Housing Development Fund Levy. The nominee noted that the proposed housing levy as contained in Clause 76 of the Finance Bill 2023 would lead to the most needed job creation in this country, therefore, spurring economic growth by providing the required jobs for our young people across the country. With those many remarks, I would like to make the following recommendations: That, the nominees’ academic qualifications and experience comply with the requirements of Section 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."
}