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{
    "id": 132940,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/132940/?format=api",
    "text_counter": 311,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Government has now said that you can use your contribution through RBA to guarantee a loan to buy a house. You can use it. That is a long-term thing. The Government uses its own money to work on the infrastructure. There are roads that are built in your constituency and my constituency. If there was no corruption in our country, the Government could be borrowing from people’s retirement money. That is the case in the countries that my colleagues have mentioned, including Tanzania. You cannot construct roads using taxes because they are not enough. Our people are over taxed. We should be thinking of putting money in the hands of people by lowering taxes, particularly to civil servants who are overtaxed. We should use the same money in that kitty to do investments, but seal corruption. I want to plead with my colleagues that if we did this--- There are so many people who are like James Ochieng who can go directly to the Government and take their Kshs1.5 million or Kshs3 million if it a double contribution. It will, definitely, bankrupt this country and we will not go anywhere. Where will the Government get the money to pay anyone who says he wants to retire because he has saved enough money? That is why there is mandatory age of retirement and also, voluntary age of retirement. We need to look at this. There is room to discuss it. This is an issue, Waheshimiwa that we can have a kamukunji on and send a few people to look at a few experiences. This is not something that you will do and expect the country to be the same. If you have, let us say, 3,000 Kenyans withdrawing Kshs1 million at will every year, I can you bet we will not have a country. I beg to oppose."
}