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{
    "id": 1352773,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1352773/?format=api",
    "text_counter": 2533,
    "type": "speech",
    "speaker_name": "Rangwe, ODM",
    "speaker_title": "Hon. (Dr) Lilian Gogo",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I will make sure that I do it with precision and in exactly two minutes. I rise to add my voice to the debate on this Report as I support it. I thank the Chairperson for a job well done, and for the high level of aggression that has been shown by this Committee. The Chairperson brought business to the Plenary yesterday and today as well. That shows that the Committee is active and he is doing a good job. I celebrate him. This is a Report on the loans contracted by the national Government over a period of over one year. I thank the Committee for taking its time to interrogate those loans. Today, I was in a meeting with the Principal Secretary (PS) who is the custodian of the country’s monies and financial systems. He indicated that 60 per cent of revenues generated by the country goes towards servicing loans, 30 per cent is used for recurrent expenditure, and 10 per cent goes to the counties. Development can only take place through loans. There is no The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}