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{
    "id": 1352719,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1352719/?format=api",
    "text_counter": 2479,
    "type": "speech",
    "speaker_name": "Kitui Rural, WDM",
    "speaker_title": "Hon. David Mwalika",
    "speaker": null,
    "content": "Hon. Temporary Speaker, we need to move from commercial and domestic loans. Domestic loans have a very bad negative impact on our businesses. When the Government competes with the private sector, we get into what we call ‘crawling out effect’. Many people resort to investing in Treasury Bills and Treasury Bonds because of the security. The risks are lower than in the private sector. We need to go for concessional loans. We need to look at concessional loans and their conditions. Let us not just go for loans because they are there. Let us look at the conditions of these loans so that we, at least, get loans that are going to benefit this country."
}