{"id":1264512,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1264512/?format=json","text_counter":156,"type":"speech","speaker_name":"Tetu, UDA","speaker_title":"Hon. Geoffrey Wandeto","speaker":null,"content":"internationally. This has been a rather contentious issue. There are loans that were taken many years ago, some of which are not being serviced at all while some have accumulated to astronomical amounts. I am aware of a loan of about Ksh1 billion that has now accumulated to about Ksh48 billion. If we have these sorts of disclosures, it will ensure that we keep a good tab on our debt situation in the country. I support the amendment and especially endorse the fact that we have set the debt limit as a percentage of real GDP as opposed to nominal GDP. This amendment will ensure that the Cabinet Secretary comes to this House to report on the status of debt. I support."}