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{
    "id": 1275840,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1275840/?format=api",
    "text_counter": 364,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Khalwale",
    "speaker_title": "",
    "speaker": {
        "id": 170,
        "legal_name": "Bonny Khalwale",
        "slug": "bonny-khalwale"
    },
    "content": "credit you with the money you want to borrow, they look at your performance and how good your account is. If it is good, you borrow. If it is poor, you do not borrow. We are now saying our big reserve, the GDP, will in future be determining whether we can borrow or not. Therefore, this lays emphasis on scientific management of public debt. It shifts the focus on growing the GDP. I remember the then Minister for Finance, the late Hon. John Michuki approached us in 2009. He wanted us to raise the debt ceiling. I think those days you must have been in class eight or below."
}