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{
    "id": 1264487,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1264487/?format=api",
    "text_counter": 131,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM",
    "speaker_title": "Hon. (Dr) Makali Mulu",
    "speaker": null,
    "content": "As a way of ensuring that we, as a House, have control over this matter, there are two things we have set. Currently, we are doing at around 61.7 per cent. We are above this threshold by about 6.7 per cent. To make sure that we are within the limit, we will allow the Cabinet Secretary for the National Treasury and Economic Planning to bring this ceiling back to 55 per cent within the next five years. As a way of ensuring that this House oversees public debt, we have also put another clause. The Cabinet Secretary for the National Treasury and Economic Planning will be expected to submit an annual report to this House by 30th April, so that this House is updated on public debt matters. With that kind of report, we will be able to inform the budget-making process."
}