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{
    "id": 134765,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/134765/?format=api",
    "text_counter": 107,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": "Madam Temporary Deputy Speaker, the Question we are dealing with is on the effects of the global economic crisis on the economy of the country. Regarding the question that he has asked about what we are doing to attract investments in this country, first of all, we have established an Investment Authority which is charged with the responsibility of attracting investors to this country. The Authority is at the moment working on measures to reduce the number of licences which discourage investment in this country. In the past, we have had more than 1,500 levies for business coming to this country. Last year, we managed to reduce that to about 500. That was done by this Parliament. We also intend to remove another 300 from our system so that it becomes easier. We are also working on the system of one stop-shop where investors can have all the important departments making quick decisions so that people can start business in two or three weeks after making their application for investment in this country. Those are some of the measures we are making to attract investment. We know that we have not done as much as our neighbours but we are trying our best."
}