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{
"id": 1342559,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1342559/?format=api",
"text_counter": 162,
"type": "speech",
"speaker_name": "Suna East, ODM",
"speaker_title": "Hon. Junet Mohamed",
"speaker": null,
"content": "killing our economy. He said that the interbank rate is working. I do not think there is any interbank rate that is working at the moment. People are buying the dollar at any rate they find anywhere in the market. Secondly, the answer we got from the Cabinet Secretary is that let the will of God happen. We cannot do anything about it, let God decide for us as we watch as human beings. Finally, the question I want to ask him is that the Government to Government petroleum procurement system was supposed to help bring down the dollar to a rate that is low. However, from the time we engaged in the G2G petroleum project the shilling has depreciated by 25 per cent leave alone strengthening. Yesterday, the Cabinet Secretary issued a long statement saying that if we did not do that, the shilling would have been worse. Can he share with us how worse it would have been? Would it have been at Ksh300, Ksh200 or Ksh400? Otherwise, if the Cabinet Secretary is saying he is helpless as we are, then let us agree together we watch as things fall apart and the centre is no longer holding. Equally, I have a supplementary question and I am coming back."
}