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{
    "id": 1283504,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1283504/?format=api",
    "text_counter": 219,
    "type": "speech",
    "speaker_name": "Gilgil, UDA",
    "speaker_title": "Hon. Martha Wangari",
    "speaker": null,
    "content": " Thank you, Hon. Deputy Speaker. I will be very brief. I support the nomination of Andrew Musangi to be the Chair of the Central Bank of Kenya Board. The role and duties of this Board are already cut out. It is to ensure good fiscal health of our country. This is very critical as it is a central role. Stabilising debt and management of the country's foreign reserves and foreign exchange are key roles too. However, what I want to contribute to is that we expect a better communication strategy from the bank to the people. The reason I say this is because we have had very many banks that have gone down or collapsed and members of the public have known this through Twitter or bloggers. The following day, they are up in arms and lining up to withdraw their money. It ends up becoming a crisis. We have to insulate the populace and protect monies. We, in this Kenya Kwanza Government, are trying to encourage a saving culture by members of the public. If you cannot be sure that your money is safe in a bank, then you end up having no option. I hope that the new CBK Board will be excellent in communication."
}