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{
"id": 1266685,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1266685/?format=api",
"text_counter": 285,
"type": "speech",
"speaker_name": "Kitui Central, WDM",
"speaker_title": "Hon. (Dr) Makali Mulu",
"speaker": null,
"content": "While external debt will cost periodical increases over the medium-term, the risks emanating from this domestic debt remain the main concern. External debt is characterised by concessional financing, with low interest rates and long grace period. Domestic debt is characterised by rising interest rates, shorter maturing period and then the debt keeps on increasing every year. In the years 2022, 2023 and 2024, expenditures slated for domestic debt servicing are projected to amount to Ksh1.00 trillion. This is an increase on account of re- opened or re-issued domestic bonds and short-term Treasury Bills. Interest payment 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."
}