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"id": 1266684,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1266684/?format=api",
"text_counter": 284,
"type": "speech",
"speaker_name": "Kitui Central, WDM",
"speaker_title": "Hon. (Dr) Makali Mulu",
"speaker": null,
"content": "Hon. Temporary Speaker, if you take the totality of how much we spend on Consolidated Fund Service expenditures, 88 per cent goes to debt servicing. In this regard, in the Financial Year 2023/2024, public debt service expenditure is estimated to be about Ksh1.625 trillion. This is an increase of about Ksh265 billion. Largely, it is on account of an increase in the external debt service expenditures from Ksh362.2 billion in the Financial Year 2022/2023 to Ksh622.47 billion. This will be occasioned by a one-off payment for the maturing debt, sovereign debt and sovereign bond that have been allocated a total of Ksh241.75 billion."
}